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AIB ready to join BoI by returning to bond markets
Irish Independent that it updated its "covered bond" programme on Friday.
It means the bank is primed to issue new IOUs that are secured on pools of Irish residential mortgages.
The covered bond programme is updated annually, but it had fallen into disuse over the past three years, along with similar programmes of other Irish borrowers that have all been shut out of the markets.
The timing of the latest update of AIB's bond processes just three days after
Bank of Ireland raised 1bn fuelled speculation that a second Irish bank deal is now imminent.
Bank of Ireland,[url=http://www.sport.fr/economie/airmax.html]air max pas cher[/url], headed up by Richie Boucher, left a huge amount of investors' money on the table when the bank accepted 1bn of the 2.5bn it was offered in a oneday bond auction. The 3.125pc interest rate that the bank has paid to borrow over three years is seen as compelling value by investors, who in some cases are losing money when they lend to the likes of German and US banks.
There has been a sea change on the markets over the past two to three months thanks to a dramatic loosening of the purse strings by the
European Central Bank (ECB) that has the effect of encouraging investors to seek out riskier but higherpaying investments.
Last week investors in Bank of Ireland's bond were won over in particular by the extra 1pc interest to be had by lending to the bank rather than to the Irish government.
If AIB which is all but entirely state owned opts to seek its own bond deal it will be in order to reduce the bank's reliance on the European Central Bank (ECB) for ongoing liquidity.
That means the domestic mortgage market is unlikely to see much impact from any fresh cash raised, at least in the short term. Bank of Ireland, which is 15pcowned by the Irish taxpayer, has already said it will use the 1bn raised last week to reduce its reliance on the central bank.
Banks can borrow from the ECB at an interest rate of just 1pc, compared with the more than 3pc charged in the markets, but overreliance on the central bank is seen as unhealthy. It means all banks are under pressure to "normalise" their funding base.
AIB's plans also come as the Government's bank guarantee scheme is due to end next month.
Over the weekend, US investor Wilbur Ross said that the Government shouldn't renew the guarantee because not doing so would improve the reputation of Ireland's banks and help them normalise activities. The guarantee scheme costs the banks hundreds of millions of euro every year.

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Vice president of the Association for relations across the Taiwan Straits
new situation: cross-strait enterprises are in transition of
"at present, both sides in the key period to achieve a strategic transformation of macro economy, the mainland in order to speed up the transformation of economic development as the main line, to promote the transformation and upgrading of industrial structure; Taiwan enterprise innovation and change,[link widoczny dla zalogowanych], seeking new advantages in economic development." The Federation of Taiwan industries honorary chairman Chen Wuxiong said.
of Fujian Normal University says the historical development of complementary services,[link widoczny dla zalogowanych], both advantages, to achieve a win-win situation is represent the general trend. Fujian enterprises should comply with tide,[link widoczny dla zalogowanych], brave act, the integration of Taiwan enterprise advantage,[link widoczny dla zalogowanych], do do greatly strong on both sides of the service industry, and develop a broader international market.
Dr,[link widoczny dla zalogowanych]. Zhan Hua
2 pages page 12
eighth cross strait economic and trade cooperation and development forum, cross-strait expert, scholars and industry focus in June this year has just signed the "cross-strait agreement on trade in services",[link widoczny dla zalogowanych], and discuss it from the angle of market development, industrial cooperation.
Federation of Taiwan industries consultants Qiu into that, Taiwan economic volume is small,[link widoczny dla zalogowanych], the market is limited,[link widoczny dla zalogowanych], investment development only outward, at present Taiwan transformation of enterprises also need to find a new starting point.
Jiang Yaoping thinks,[link widoczny dla zalogowanych], service trade agreement is the objective need to focus on the development of service industry, will promote an important system arrangement of cross-strait trade normalization and liberalization, effectively promote Taiwan advanced services technology and broad market resources.
New business opportunities in
"service trade agreement is the urgent demand of Taiwan into the mainland market and the economic development of Taiwan. Now many Taiwanese want to China, which needs in the policy restrictions. If you do not sign the service trade agreement, will make Taiwan gradually edge in the development of regional economy." The famous Taiwan scholar Qiu Yi said.
, service industry fast growth,[link widoczny dla zalogowanych], but the overall development level is still relatively low." The State Council Development Research Center of market economy institute director Ren Xingzhou analysis said,[link widoczny dla zalogowanych], "with the transition to the future, service industry, enhance the level of desire will become more and more strong."
"At present,
: service trade agreement to accelerate the integration of
with the "cross-strait economic cooperation framework agreement" (ECFA) signed, cross-strait economic relations have entered a new stage. As to the system characteristics. Service trade agreement signed,[link widoczny dla zalogowanych], will accelerate cross-strait economic integration.
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Shanxi Mount Wutai scenic area of Taiwan Huai temples over the emergence of multicoloured auspicious clouds, so there is a Chinese idiom "auspicious sign" or "Rui Cai auspicious clouds".

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reading: the random unqualified Home Furnishing products, mainly in the coating corrosion resistance performance of the project is not qualified, the poor performance of product, in actual use in surface and base easily corrosion damage, water faucet products even Water Leakage and cause water pollution consequences. It is understood, drinking the contaminated water, it will not only affect the drinker's intellectual growth, but also seriously affect the health, will be greater impact on children.
Braun bathroom products such as checks failed
In addition,[link widoczny dla zalogowanych], some netizens online shopping appliance
reading: at present, the Consumer Association of complaints received furniture online shopping on the increase, because the Internet site to buy furniture, found unqualified, the return of the price would be even higher than the price of the product itself. Network sale price advantage,[link widoczny dla zalogowanych], this is the main reason for consumers to choose online shopping furniture,[link widoczny dla zalogowanych], but furniture online shopping in the material does not match, imitation goods, logistics transportation identification of compensation and other difficult issues,[link widoczny dla zalogowanych], has been more and more consumers online shopping for furniture and step back. The above problems have also become the furniture industry development way of online shopping.
recently, the requirements of the national standard of Shanghai City Bureau of quality and technical supervision on the basis of QB/T1560-2006 "bathroom accessories" and related standards, quality special supervision of bathroom accessories production and marketing of products found: "Braun bathroom towel rack,[link widoczny dla zalogowanych]," said Shanghai 'bathroom limited production of 6511 "meisiduo" single rod the coating corrosion resistance, unqualified project.
reading: according to the new national standard of children furniture,[link widoczny dla zalogowanych], furniture such as wardrobes, closed closed cabinets,[link widoczny dla zalogowanych], drawers children furniture, must be in accordance with the norms of vents. According to some of the furniture business interpretation, it is worried about the kids playing games, are likely to enter the furniture, pose a choking hazard. However,[link widoczny dla zalogowanych], in the implementation of the new GB occasion,[link widoczny dla zalogowanych], many manufacturers began to no ventilation furniture, temporary ventilation, be on sale, but for some edges and corners of the four square furniture, dealers are using low-cost way to clear out inventory.
since August 1st, "the national standard of children furniture general technical conditions" the official implementation of mandatory. The new national emphasis on environmentally friendly furniture for children,[link widoczny dla zalogowanych], security constraints,[link widoczny dla zalogowanych], for heavy metal index and free formaldehyde regulation is more strict, the children furniture structure installation and safety warning signs also made clear requirements, such as product should not be dangerous sharp edge and cutting-edge, edge angle. Substandard products in the future will be strictly prohibited the production and sales.
China business micro-blog: &lt,[link widoczny dla zalogowanych]; >
Guo Baiyan
online shopping furniture freight into "stumbling block"
clothing and food, began to keen to buy furniture, but online shopping back, found not suitable, the return is a "headache". This is because the clothing, food and small goods return, buyers bear the return freight, the price is not high, but the furniture is different, especially the remote shopping, hundreds of yuan of freight, let consumer shouted above the price of the product itself.
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Shanghai City, jointly with the Municipal Commission of Commerce, the district actively implement measures, efforts to defuse the cabbage and other vegetables and seasonal varieties structural slow-moving problem.

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madness passers-by "terrified"
finally, 3 police subdued the man. It is understood,[link widoczny dla zalogowanych], events and man initially suspected drug hallucinogenic related. Fortunately the incident caused no casualties,[link widoczny dla zalogowanych], but the road near the traffic was blocked.
2 pages page 12
June 20th hearing (channel Metropolis Daily reporter Zhang Shuo Guan Mingrong text / chart) last night at seven twenty PM, near the Fuzhou District Changle road and Fuk new branch junctions,[link widoczny dla zalogowanych], staged a crazy "farce": a motorcycle driving young man has stopped two taxis, kick the bad and the windscreen,[link widoczny dla zalogowanych], also driving retrograde,[link widoczny dla zalogowanych], toward the oncoming bus crashed into the. Police arrived at the scene,[link widoczny dla zalogowanych], he is also facing the police a throw.
last night at eight twenty PM,[link widoczny dla zalogowanych], reporters arrived,[link widoczny dla zalogowanych], many watching the people feel incredible man's behavior. At the scene,[link widoczny dla zalogowanych], unlicensed motorcycle fell on the ground of card in the 305 bus in front of the left,[link widoczny dla zalogowanych], driving friction men have been controlled by the police to the police station. The bus is only slightly scratch. Beside a license plate number "Min A5142 police" car front windshield glass was smashed,[link widoczny dla zalogowanych], car lights were completely smashed.
mad men driving motorcycle collision bus,[link widoczny dla zalogowanych], luckily bus speed reduction
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yesterday at five thirty in the afternoon, the reporters came to the two golden mountain tunnel on the west side of the road. From the tunnel about 200 meters, four lanes through the fence and into a lane, funnel-shaped tunnel become blocked. With the arrival of the rush hour traffic, from west to east direction, from the "funnel" into the viaduct in Doumen.