Oireachtas Joint and Select Committees

Wednesday, 26 March 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Draft Heads of Central Bank Bill 2014: Department of Finance

3:45 pm

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

Some work was done by the Central Bank in that regard that resulted in a technical paper on security market programmes. Was there any consideration of the benefit that would have accrued if we got a similar package? We had distressed bonds purchased by member states and if we received a similar package, we would have been looking at an accrued figure paid over a similar period of €3 billion. Is that correct?

Comments

No comments

Log in or join to post a public comment.