Oireachtas Joint and Select Committees
Thursday, 9 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Thank you, Dr. Somers. I just want to wrap up a couple of things. Dr. Somers, in or around 2007 ... you're a bit like myself, I'm not great on names and dates; I just remember the general picture. But in 2007, the summer of then, the NTMA took an €8 million investment in Bank of Ireland bonds and I think it started to invest other bonds in the Irish market at that time. Would you have any idea, off the top of your head, as to what the quantity of the NTMA investment was in Irish institutional bonds in around 2007-2008?
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