Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

It is the intention of the Government and there is a Government decision that it would be used to pay down debt but if it goes to 2016 it will be for the Government in 2016, whoever composes it, to make the decisions. We are doing the preparatory work now. We have a valuation on the bank but the real valuation will be after some shares are sold. If, for example, the State was to sell 25% of it, we would have market valuation on the other 75%, so we would be in a better position. Once there is a market value, we would not be relying on estimates any longer.

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