Oireachtas Joint and Select Committees
Tuesday, 9 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB
Mr. Jeremy Masding:
That is correct. The mortgages go into the special purpose vehicle and that is funded by the capital markets which use that funding then to repay us for those mortgages essentially.
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