Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. John Hurley:
I can't recall it being brought to my attention. I can't say definitely it wasn't being ... brought to my attention. But I would have expected it to. But I can't say that I wasn't told. I just don't recall that. But we would have had a very intense discussion at that time on liquidity ... the liquidity arrangements, the position of collateral and how this would be arranged for the future. Because the objective was to try and maximise the collateral availability for Irish banks to ensure draw-down from the ECB.
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