S&P lowers Ireland's credit rating to AA-minus

08/25/2010 | Irish Times (Dublin), The · TheStreet.com

Standard & Poor's took Ireland's credit rating down one notch as the risk premium demanded by government-bond buyers widened to an all-time high, measured against the benchmark German bund. S&P downgraded Ireland's credit rating from AA to AA-minus, an action that might further increase the country's borrowing costs.

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Irish Times (Dublin), The · TheStreet.com

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