Oireachtas Joint and Select Committees

Thursday, 28 September 2023

Public Accounts Committee

NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General

9:30 am

Mr. Seamus McCarthy:

Anybody else acquiring those assets from the bank would have paid less than NAMA paid. The price paid by NAMA effectively allowed it to make a return of 5% per year. It has done a bit better than that, at 6.7%. I think that is probably where it will come out, at 6.7% or 6.8%.