Dáil debates

Thursday, 28 October 2010

Macroeconomic and Fiscal Outlook: Statements (Resumed)

 

3:00 am

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

As I indicated, I am not aware of the normal commercial operations of the bank. On the question concerning the promissory note, I have not received any submission to date regarding the precise terms surrounding the execution of this note. Therefore, I am not in a position to advise the Deputy at this stage as to what precise interest rate will be charged or how it will be computed.

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