THE NATIONAL Treasury Management Agency will attempt tomorrow to raise up to another €1.5 billion with a bond auction. Given that the bond markets have calmed down after efforts to contain the euro-zone debt crisis, the auction is expected to succeed.
Bank of Ireland will hold its extraordinary general court (meeting) on Wednesday at which it seek approval from shareholder for a €3.5 billion capital-raising plan, including a €1.7 billion rights issue. The bank holds its annual meeting (court) later that afternoon.
DCC publishes results tomorrow.
MONDAY
Results: Nortel Networks; Universal.
Indicators: US Empire State manufacturing index (May); US net long-term TIC flows (Mar).
Others: Irish Internet Association launches Digitise the Nation week.
TUESDAY
Results: DCC; Abercrombie Fitch; American Defense Systems; Hewlett-Packard; Home Depot; Mitsubishi; Vodafone; Wal-Mart.
Indicators: UK consumer price index (Apr); EMU consumer price index (Apr); Germany Zew survey (May); UK industrial trends survey (May); US housing statistics and producer price index (Apr).
Meetings: Paddy Power agm (Dublin); RDS business breakfast with Amárach Research chairman Gerard O'Neill (Dublin).
WEDNESDAY:
Results: Air France-KLM; Polo Ralph Lauren.
Indicators: Bank of England minutes; EMU construction output (Mar); US consumer price index (Apr); US crude oil stocks (May).
Others: Bank of Ireland egm and agm (Dublin); €8.5 billion bond redemption due for Greece.
THURSDAY
Results: Bank of Greece; Dell; SABMiller.
Indicators: Germany producer price index (Apr); UK retail sales (Apr); US jobless claims (May); US leading indicators (Apr).
Meetings: Chartered Financial Analysts conference on outlook for Irish and European markets (Dublin).
Others: Sales Institute of Ireland conference, Restoring Trust and Confidence, O'Reilly Hall, UCD, Dublin; €4.6 billion bond redemption due for Portugal.
FRIDAY
Results: British Airways; Gap; London Stock Exchange.
Indicators: Germany construction investment (1st quarter); Germany private consumption (1st quarter); UK money supply and public sector borrowing (Apr).
