3 Deputy Stephen S. Donnelly asked the Minister for Finance the way in which the €90 million cost of the recent arrangement on the March promissory note payment is arrived at; the final beneficiaries of this €90 million; if there was agreement from the European Central Bank, prior to his announcement of 29 March, to lend the required funds to Bank of Ireland; if so, at what rate, or if Bank of Ireland will use its own capital to fund this; and his views on the use of National Asset Management Agency assets to offset Government debt. [19452/12]

Summary

3 Deputy Stephen S. Donnelly asked the Minister for Finance the way in which the €90 million cost of the recent arrangement on the March promissory note payment is arrived at; the final beneficiaries of this €90 million; if there was agreement from the European Central Bank, prior to his announcement of 29 March, to lend the required funds to Bank of Ireland; if so, at what rate, or if Bank of Ireland will use its own capital to fund this; and his views on the use of National Asset Management Agency assets to offset Government debt. [19452/12]

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• Banks Recapitalisation

  xml · EN · 18 April 2012

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