47. Deputy Gerry Adams asked the Minister for Finance further to Parliamentary Question No.77 of 24 April 2013, if he will confirm that the National Asset Management Agency issued senior bonds totalling €12.928 billion to purchase the CBI’s remaining lending to the Irish Bank Resolution Corporation under the Facility Deed; if he will further confirm the total nominal amount of interest NAMA will pay to the Central Bank of Ireland for these bonds, assuming no redemption is made on these bonds in the next 12 months; if he will confirm whether the interest payments made on these bonds are pure profit or whether there is in fact an income cost for the Central Bank of Ireland holding these NAMA bonds; and if he will make a statement on the matter. [21919/13]

Summary

47. Deputy Gerry Adams asked the Minister for Finance further to Parliamentary Question No.77 of 24 April 2013, if he will confirm that the National Asset Management Agency issued senior bonds totalling €12.928 billion to purchase the CBI’s remaining lending to the Irish Bank Resolution Corporation under the Facility Deed; if he will further confirm the total nominal amount of interest NAMA will pay to the Central Bank of Ireland for these bonds, assuming no redemption is made on these bonds in the next 12 months; if he will confirm whether the interest payments made on these bonds are pure profit or whether there is in fact an income cost for the Central Bank of Ireland holding these NAMA bonds; and if he will make a statement on the matter. [21919/13]

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• NAMA Bonds

  xml · EN · 9 May 2013

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