Ireland happy to sit tight and plan for 2014 while Spain, Italy ponder deals

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Ireland happy to sit tight and plan for 2014 while Spain, Italy ponder deals

With its peripheral peers Italy and Spain having to contend with domestic and US political strife while they ponder syndicated bonds, Ireland is pointedly withdrawing from capital markets ahead of a new €10bn funding programme for 2014, writes Craig McGlashan. The sovereign, which expects to exit its 2010 Troika bail-out later this year, put its monthly bill auctions on hold this week.

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