Oireachtas Joint and Select Committees

Thursday, 1 November 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Discussion with Bank of Ireland

12:00 pm

Photo of Peter MathewsPeter Mathews (Dublin South, Fine Gael) | Oireachtas source

I am referring to the "other information" extracts from the balance sheet of the bank, page 104 - the lead sheet from that.

With regard to assets, those available for sale, financial assets and NAMA senior bonds, the indicative rate of interest return on these is 3.1%. How does this arise when, currently, three-month LIBOR - London Inter-Bank Offered Rate - is 0.6%, which is the coupon rate on NAMA bonds?

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