Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Based on the figure of €25 billion required from the State to the IBRC and the timeframe for paying it - capital plus interest minus the ELA that must be paid to the Central Bank - the interest is in respect of the period to 2020. If things run as normal, when the last €3.1 billion is transferred on 31 March 2020, the IBRC will have paid off all of the ELA liability and met all other liabilities through the sale of its loan books in the meantime.