Oireachtas Joint and Select Committees
Wednesday, 26 March 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Draft Heads of Central Bank Bill 2014: Department of Finance
3:45 pm
Kevin Humphreys (Dublin South East, Labour)
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Some work was done by the Central Bank in that regard that resulted in a technical paper on security market programmes. Was there any consideration of the benefit that would have accrued if we got a similar package? We had distressed bonds purchased by member states and if we received a similar package, we would have been looking at an accrued figure paid over a similar period of €3 billion. Is that correct?