Oireachtas Joint and Select Committees
Wednesday, 16 January 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Matters Relating to the Economy: Discussion with Governor of Central Bank
2:30 pm
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
I am not asking the Governor to discuss anything about the negotiations on the promissory note, but will he explain the original intention of such a note? What happens physically or electronically to the repayment that is due to the Central Bank on 31 March each year? What happens to the €3 billion repayment and the cash equivalent that is handed back to the Central Bank at the close of business on 31 March?
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