52. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No 281 on 18 September 2012, if he will confirm that when he states I can confirm that, under current arrangements, the scheduled payments on the Promissory Notes are due to continue until 2031 that he means that a total of circa €48bn is scheduled to be paid to Irish Bank Resolution Corporation up to 2031 in respect of the promissory notes, and that further to Parliamentary Questions Nos 283 and 284 on 18 September 2012 if he will further confirm that when he states I have been advised that in calculating the projected final net asset position IBRC take into account interest from all assets including customers, securities and Promissory Notes that the ultimate net asset position which was previously estimated by the management of Anglo for that bank at €3-4bn, takes account of the €48bn of scheduled payments on the Promissory Notes. [40895/12]

Summary

52. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No 281 on 18 September 2012, if he will confirm that when he states I can confirm that, under current arrangements, the scheduled payments on the Promissory Notes are due to continue until 2031 that he means that a total of circa €48bn is scheduled to be paid to Irish Bank Resolution Corporation up to 2031 in respect of the promissory notes, and that further to Parliamentary Questions Nos 283 and 284 on 18 September 2012 if he will further confirm that when he states I have been advised that in calculating the projected final net asset position IBRC take into account interest from all assets including customers, securities and Promissory Notes that the ultimate net asset position which was previously estimated by the management of Anglo for that bank at €3-4bn, takes account of the €48bn of scheduled payments on the Promissory Notes. [40895/12]

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• Promissory Note Negotiations

  xml · EN · 26 September 2012

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