Search results
Results from the WOW.Com Content Network
Originally bonds could be purchased as in units of five Irish pounds, with a minimum purchase of £10. Today the unit price is 6.25 Euros (equivalent to IR£4.92 at the final fixed exchange rate) and a minimum purchase of €25 is required. In September 2009 the Prize Bond fund exceeded €1bn for the first time. [3]
All prizes are tax free and, with approximately 84 billion bonds issued, the chances of any one bond winning a prize for a given month are approximately 24500 to 1. However, if a bond wins a prize, that bond is not redeemed but remains 'in the pool' for all forthcoming draws (at least until the bond-holder decides to redeem it.).
On 10 October 2009, the Irish Times reported that Bank of Ireland and AIB could need to raise a combined €9bn as a result of write-downs associated with the transfer of assets to NAMA. [55] The article quotes a Merrion Capital report that estimates that AIB and BoI's equity Tier 1 Capital ratios would fall to 3.3% and 3.5% in 2010/11.
During the second half of the 1995–2007 'Celtic Tiger' period of growth, the international bond borrowings of the six main Irish banks—Bank of Ireland, Allied Irish Banks, Anglo Irish Bank, Irish Life & Permanent, Irish Nationwide Building Society and Educational Building Society—grew from less than €16 billion in 2003 to approximately €100 billion (well over half of Ireland's GDP ...
The bonds were generally identified by their colour, for instance the blue premium bonds were issued in 1948, and were redeemed in 1998 (10 years + 4 10-year extension). [30] The first 200 DKK of each prize was tax free, the rest taxed at only 15% (compared to 30% or more for ordinary income). [31]
Jointly established by An Post and Ordnance Survey Ireland, Geodirectory is a service that provides a database of buildings and addresses in Ireland, as well as their geolocation details. [14] It holds records for 2.2 million properties that receive post. [ 15 ]
As of 2009, services offered by Fexco included prize bonds, dynamic currency conversion and related customer services. [12] In 2010, Fexco acquired 75% of Goodbody Stockbrokers for a reported bargain price of €24 million with the management take the remaining 25% stake in the business.
11 March – Prize Bonds were introduced; the Bank of Ireland operated the scheme on behalf of the Minister for Finance. May–September – Fethard-on-Sea Ne Temere boycott: a Roman Catholic priest and some of his parishioners organised a boycott of Protestant-owned local businesses. [5]