Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of IBRC: Discussion

11:10 am

Mr. Jim Bradley:

In the last year we exchanged a Government bond which was then used as a repo with the Bank of Ireland to generate liquidity which was used to pay down the ELA liability.

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