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.

Comments

No comments

Log in or join to post a public comment.