183. Deputy Colm Keaveney asked the Minister for Finance if he agrees with the estimate of the value of the savings achieved by the deal announced on 8 February 2013 with the liquidation of the Irish Bank Resolution Corporation and the conversion of promissory notes to longer-term sovereign bonds as being €7.9 billion, as estimated by an economist (details supplied); if not, if he will provide his own estimate, taking into account the total interest payable and the net present value of both the original promissory notes and the now sovereign bonds; and if he will make a statement on the matter. [9616/13]

Summary

183. Deputy Colm Keaveney asked the Minister for Finance if he agrees with the estimate of the value of the savings achieved by the deal announced on 8 February 2013 with the liquidation of the Irish Bank Resolution Corporation and the conversion of promissory notes to longer-term sovereign bonds as being €7.9 billion, as estimated by an economist (details supplied); if not, if he will provide his own estimate, taking into account the total interest payable and the net present value of both the original promissory notes and the now sovereign bonds; and if he will make a statement on the matter. [9616/13]

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• Promissory Note Negotiations

  xml · EN · 26 February 2013

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