53. Deputy Joan Collins asked the Minister for Finance if there is no net benefit to the Exchequer if the Central Bank of Ireland disposes into the sovereign bond market the €25 billion of bonds created in February 2013 for the special liquidation of Irish Bank Resolution Corporation, and the €3 billion in bonds created in 2012; if he will fund the payment of the IBRC promissory note redemption, in view of the net surplus at the CBI remitted to the State, and that the interest paid by the CBI to the European Central Bank on these bonds is nugatory. [38323/14]

Summary

53. Deputy Joan Collins asked the Minister for Finance if there is no net benefit to the Exchequer if the Central Bank of Ireland disposes into the sovereign bond market the €25 billion of bonds created in February 2013 for the special liquidation of Irish Bank Resolution Corporation, and the €3 billion in bonds created in 2012; if he will fund the payment of the IBRC promissory note redemption, in view of the net surplus at the CBI remitted to the State, and that the interest paid by the CBI to the European Central Bank on these bonds is nugatory. [38323/14]

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• IBRC Bonds

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