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Ireland · Question · written

PQ 80

78 Deputy Michael McGrath asked the Minister for Finance if he will set out the details of the promissory note structure entered into with Irish Bank Resolution Corporation; the role of the Central Bank of Ireland and the European Central Bank in this structure; if he will provide details of how the note enables IBRC to meet its capital requirements; and how he is planning to reduce the burden on the Irish State by redesigning the note with the agreement of the European authorities. [6140/12]

askedIreland· Dáil Éireann· EN

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2 February 2012

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written

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2 February 2012

Summary

78 Deputy Michael McGrath asked the Minister for Finance if he will set out the details of the promissory note structure entered into with Irish Bank Resolution Corporation; the role of the Central Bank of Ireland and the European Central Bank in this structure; if he will provide details of how the note enables IBRC to meet its capital requirements; and how he is planning to reduce the burden on the Irish State by redesigning the note with the agreement of the European authorities. [6140/12]

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Banks Recapitalisation

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