Less than 3 years after seeing off an international bailout programme, the Republic of Ireland issued a 100 year bond that was snapped up by investors. The €100 million deal was arranged by Goldman Sachs and Nomura. The yield was a staggering 2.35%, significantly less than the yield on a AAA rated 10 year Australian bond that is currently trading at around 2.50% and even less than the yield on...