Oireachtas Joint and Select Committees

Wednesday, 5 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Bank of Ireland

See the whole debate « Previous speaker Next speaker »

4:25 pm

Mr. Richie Boucher:

We see it continuing. It partly depends on NAMA redeeming the bonds. About €1.5 billion represents participation in a carry trade, with which the ECB is very comfortable. The other €1.5 billion is considered to represent normalised money market operations by the Central Bank.

Comments

No comments

 

Log in or join to post a public comment.