54. Deputy Joan Collins asked the Minister for Finance further to the ongoing legal challenge to the lawfulness of the promissory notes used to capitalise the former Anglo Irish Bank, the Irish Nationwide Building Society and the Educational Building Society the risks of the Central Bank of Ireland disposing, in advance of the conclusion of this court case, of the €25 billion in bonds created in February 2013 for the special liquidation of Irish Bank Resolution Corporation, and the €3 billion in bonds created in 2012 to fund the payment of the IBRC promissory note redemption, his views on whether it is prudent to copperfasten the legitimacy of these bonds by disposing of them in the sovereign bond market when the sole lender is the European Central Bank; and if he will make a statement on the matter. [38324/14]

Summary

54. Deputy Joan Collins asked the Minister for Finance further to the ongoing legal challenge to the lawfulness of the promissory notes used to capitalise the former Anglo Irish Bank, the Irish Nationwide Building Society and the Educational Building Society the risks of the Central Bank of Ireland disposing, in advance of the conclusion of this court case, of the €25 billion in bonds created in February 2013 for the special liquidation of Irish Bank Resolution Corporation, and the €3 billion in bonds created in 2012 to fund the payment of the IBRC promissory note redemption, his views on whether it is prudent to copperfasten the legitimacy of these bonds by disposing of them in the sovereign bond market when the sole lender is the European Central Bank; and if he will make a statement on the matter. [38324/14]

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• IBRC Bonds

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