64. Deputy Pearse Doherty asked the Minister for Finance if he will explain the decision to provide €1 billion credit facility from the National Asset Management Agency for the use of the special liquidator of the Irish Bank Resolution Corporation; when the decision was made; what the credit facility is intended to be used for; the way the €1 billion, if used, will be repaid to NAMA; if he had to seek permission to use NAMA for such a credit facility from another entity such as the European Central Bank; if the funding of the credit facility comes from cash assets at NAMA; and if NAMA can still meet its bond repayments due at the end of 2013. [10476/13]

Summary

64. Deputy Pearse Doherty asked the Minister for Finance if he will explain the decision to provide €1 billion credit facility from the National Asset Management Agency for the use of the special liquidator of the Irish Bank Resolution Corporation; when the decision was made; what the credit facility is intended to be used for; the way the €1 billion, if used, will be repaid to NAMA; if he had to seek permission to use NAMA for such a credit facility from another entity such as the European Central Bank; if the funding of the credit facility comes from cash assets at NAMA; and if NAMA can still meet its bond repayments due at the end of 2013. [10476/13]

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• IBRC Liquidation

  xml · EN · 27 February 2013

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