Catherine Murphy (Kildare North, Independent)

On solutions, some of the estates would have been covered by bonds. The only institution which gave a bond in perpetuity was Anglo Irish Bank. All of the other bonds have time limits on them. Would the Minister of State consider looking at the embargo in the context of employing persons who can call some of those bonds in where they are at risk of elapsing and then it will fall back on the local authority? I am concerned that we will miss an opportunity with some of those bonds that have a fixed term of something like seven years.

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