July 1, 2019 / 9:05 AM / 3 months ago

Ireland significantly exposed whenever interest rates rise - NTMA

DUBLIN (Reuters) - Ireland’s annual redemption profile will be as smooth as any time in its history after 2020 but it is significantly exposed to rising interest rates due to high debt levels, the head of the country’s debt office said on Monday.

Investors are also conscious of potential risks to Ireland’s ability to borrow that include Brexit, international tax changes and fiscal challenges in Italy, the National Treasury Management Agency’s (NTMA) Conor O’Kelly told a news conference.

Reporting by Padraic Halpin; Editing by Toby Chopra

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