Oireachtas Joint and Select Committees
Wednesday, 22 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Brendan McDonagh:
Yes, you asked me before the lunchtime break, Deputy, about what was the par value of those things so I said I didn't have the information at the time and I made an estimation and said it was somewhere around €2 billion and I went and looked at my notes at lunch time. I did find that the answer to the parliamentary question previously were ... basically, the figure was €3.5 billion of par debt where we effectively paid nothing for the security.
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