Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. John Corrigan:
I'm speculating now. If, for example, AIB had a different basis for valuing the NAMA bonds, for example, the competition required that they be tendered for at 98.5%, if AIB had them in their books, for example, at 100%, and I'm just speculating as to how it could give rise to a capital accretion, that would give rise to a capital accretion.
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