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We study ground-state properties of the two-dimensional random-bond Ising model with couplings having a concentration of antiferromagnetic and of ferromagnetic bonds. We apply an exact matching algorithm which enables us the study of systems with linear dimension up to 700. We study the behavior of the domain-wall energies and of the magnetization. We find that the paramagnet-ferromagnet transition occurs at compared to the concentration at the Nishimory point, which means that the phase diagram of the model exhibits a reentrance. Furthermore, we find no indications for an (intermediate) spin-glass ordering at finite temperature.

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