Oireachtas Joint and Select Committees
Thursday, 25 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse 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?
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