Written answers

Tuesday, 12 April 2011

9:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context

Question 139: To ask the Minister for Finance the amount of unguaranteed senior and subordinated debt in each of the banks in which the State has a stake; and if he will make a statement on the matter. [7737/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context

On 1 April 2011, the Central Bank published the total senior and subordinated debt issuances by those banks covered by the Guarantee as at March 2011. This information is available on the Central Bank's website at www.centralbank.ie. The Central Bank published the individual figures on a once-off basis and were disclosed with the consent of the financial institutions and does not form part of any Central Bank statistical series. While the Central Bank does not usually publish this information, the Central Bank has advised me that as at 1 April 2011, the total unguaranteed senior debt in the covered institutions is €36,001m of which €19,944m is unguaranteed secured debt and €16,057m is unguaranteed unsecured. The total subordinated debt amount is €6,223m.

Comments

No comments

Log in or join to post a public comment.