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: Calculated Risk

Clearing House warns of higher Irish debt margin requirements

By Anonymous

A late night update ... from the Financial Times: Clearing house warning to Irish bond traders

Fears over the health of the eurozone bond market intensified after one of Europe?s biggest clearing houses warned investors they could be compelled to stump up substantially more money to trade in Ireland?s debt.
...
Such a curb would be a blow to the Irish debt market and comes amid growing concerns over the fragility of the euro­zone?s peripheral economies.
excerpt with permission

And from the Irish Times: Government to postpone publication of four-year plan

A detailed four-year budget had been scheduled for publication in the next week or so but it emerged yesterday that the plan will not be disclosed until closer to the December budget.

Full post as published by Calculated Risk on November 05, 2010 (boomark / email).