Irish bond yields leap after selling wave / Irish bank chief eyes foreign buyers

Ireland’s cost of borrowing shot up to its highest level since the European single currency on the 10 November 2010 as a result of a wave of forced selling by bondholders and the country’s cash-strapped banks.

Bankers said the likelihood was growing that Ireland would need bail-out loans.

Irish Times, 11.11.10: IMF would use same fiscal policy - Honohan http://www.irishtimes.com/newspaper/finance/2010/1111/1224283092330.html

IMF: Ireland the IMF http://www.imf.org/external/country/IRL/index.htm

ESO: Background information: Pressures on Dublin grow as debt costs soar and MP resigns http://www.europeansources.info/record/pressures-on-dublin-grow-as-debt-costs-soar-and-mp-resigns/

ESO: Background information: Doubts grow over ‘peripheral’ eurozone nations http://www.europeansources.info/record/doubts-grow-over-peripheral-eurozone-nations/

EUObserver, 11.11.10: Irish turmoil reignites eurozone debt crisis http://euobserver.com/9/31247

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