Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

-----but it's more the theory. If a bank falls below its solvency ratio, which, I understand, is 8% of capital, what happens? Is it a case that bondholders would have a call, basically that they would look for their ... there would be a default triggered in terms of the market?

Comments

No comments

Log in or join to post a public comment.