Yield on 10-year Irish bonds at its lowest since 2005

The Government's cost of borrowing has continued to fall after Ireland's credit rating was upgraded by Moody's.

Yield on 10-year Irish bonds at its lowest since 2005

The Government's cost of borrowing has continued to fall after Ireland's credit rating was upgraded by Moody's.

This afternoon the Government would pay 3.28% interest to take out a 10-year loan.

That is the lowest interest rate being charged by investors since 2005.

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