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Fitch revises Outlook on Ireland to Stable; Affirms at BBB+

14 November 2012 – Fitch Ratings has revised the Outlook on Ireland to Stable from Negative. The agency has affirmed the Long-Term Rating at BBB+.

A spokesman for the NTMA welcomed the Fitch announcement.  He said; “It is encouraging that Fitch acknowledges the continued progress Ireland is making on the fiscal side and the improved access to capital markets as reflected in our bond market engagements this year.”