Apologies, hectic times still on the work front, at the height of a fantastic hurling season (so far!); hectic times also on the bank-debt front, a meeting with Patrick Honahan (Governor of the Central Bank of Ireland) followed by a meeting with the ECB Troika reps in Ireland. You won't have read or heard of either of those meetings on any of our mainstream media - kind of surprising even from a news colour point of view, David gets to meet Goliath kind of thing, never mind the actual news value of what emerged.
Anyway, to the bonds. You'll notice that on Tuesday last Irish Life & Permanent - which we now own - paid an unsecured bond of $6,000,000, over €4,000,000. Small potatoes relative to what we're paying on an annual basis (those tables are also below), but I wonder what effect it would have had in the following case:
Not that this is going to have too much impact on our rapidly increasing debt: