Joining the dots - bondholders & public spending cuts

This piece was written by Alison Spillane and Adam Larragy and appeared originally on Politico.ie today.
Today, EBS will pay €42,305,476 to senior unsecured bondholders - most probably large financial institutions. These bonds, one €40,000,000 and one €2,305,476, are not covered by any of the guarantee schemes introduced by the Irish government. It is [...]

