133 Deputy Gerry Adams asked the Minister for Finance the total amount in euro of the outstanding unguaranteed Bank of Ireland subordinated debt not repurchased by Bank of Ireland; if he will detail, subsequent to his statement on 2 December 2011, the reason he was no longer considering the use of the powers available under CISA for making savings for the taxpayer through writing down this outstanding subordinated debt; his views that those Bank of Ireland note holders who did not participate in the Bank of Ireland debt for equity swap earlier in 2011 made the correct investment decision as their holdings of subordinated debt shall now be honoured in full; if the reason he no longer, as quoted in the aftermath of the March 2011 stress tests, is fulfilling his promise that he would take all actions necessary to achieve burden sharing for subordinated debt in all of the banks including Bank of Ireland; and if he will make a statement on the matter. [12666/12]

Summary

133 Deputy Gerry Adams asked the Minister for Finance the total amount in euro of the outstanding unguaranteed Bank of Ireland subordinated debt not repurchased by Bank of Ireland; if he will detail, subsequent to his statement on 2 December 2011, the reason he was no longer considering the use of the powers available under CISA for making savings for the taxpayer through writing down this outstanding subordinated debt; his views that those Bank of Ireland note holders who did not participate in the Bank of Ireland debt for equity swap earlier in 2011 made the correct investment decision as their holdings of subordinated debt shall now be honoured in full; if the reason he no longer, as quoted in the aftermath of the March 2011 stress tests, is fulfilling his promise that he would take all actions necessary to achieve burden sharing for subordinated debt in all of the banks including Bank of Ireland; and if he will make a statement on the matter. [12666/12]

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• Banks Recapitalisation

  xml · EN · 6 March 2012

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