50 Deputy Sean Fleming asked the Minister for Finance the arrangements in respect of the €1 billion that is being recouped from the sale of Bank of Ireland shares to private investors; if he will confirm that funding provided to Bank of Ireland through the National Pensions Reserve Fund is to be lodged; the impact this will have on State finances; the implications in respect of the budget deficit for 2011; if he will publish the correspondence he issued to the National Treasury Management Agency and/or the National Pensions Reserve Fund in respect of the transfer of these funds; and if he will make a statement on the matter. [29062/11]

Summary

50 Deputy Sean Fleming asked the Minister for Finance the arrangements in respect of the €1 billion that is being recouped from the sale of Bank of Ireland shares to private investors; if he will confirm that funding provided to Bank of Ireland through the National Pensions Reserve Fund is to be lodged; the impact this will have on State finances; the implications in respect of the budget deficit for 2011; if he will publish the correspondence he issued to the National Treasury Management Agency and/or the National Pensions Reserve Fund in respect of the transfer of these funds; and if he will make a statement on the matter. [29062/11]

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• Banks Recapitalisation

  xml · EN · 12 October 2011

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