117 Deputy Pearse Doherty asked the Minister for Finance in view of the recent direction issued by him to the National Asset Management Agency to loan €3.06 billion to the Irish Bank Resolution Corporation in place of the planned payment by the State to IBRC, if he will set out the consideration given to borrowing further funds from NAMA, and if he considers that the 2.35% per annum interest rate charged by NAMA on the IBRC transaction is cheaper than the rate that may be paid by the National Treasury Management Agency on short-term bill issuance. [33152/12]

Summary

117 Deputy Pearse Doherty asked the Minister for Finance in view of the recent direction issued by him to the National Asset Management Agency to loan €3.06 billion to the Irish Bank Resolution Corporation in place of the planned payment by the State to IBRC, if he will set out the consideration given to borrowing further funds from NAMA, and if he considers that the 2.35% per annum interest rate charged by NAMA on the IBRC transaction is cheaper than the rate that may be paid by the National Treasury Management Agency on short-term bill issuance. [33152/12]

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• National Asset Management Agency

  xml · EN · 10 July 2012

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