Written answers
Tuesday, 7 June 2011
Department of Finance
Financial Instruments
9:00 pm
Gerry Adams (Louth, Sinn Fein)
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Question 39: To ask the Minister for Finance when the senior bonds held by Anglo Irish Bank will mature and if he will provide an estimate of their value for 2011, 2012 and 2013. [14228/11]
Michael Noonan (Limerick City, Fine Gael)
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My Department has been advised by the bank that as of 1 June 2011 it has €2.86 billion in unguaranteed senior debt outstanding and €2.96 billion in senior debt guaranteed under the ELG scheme. The table below gives details of the value of this debt maturing in each of the years referenced in the Deputy's question. These securities are valued at par in the bank's financial accounts as the bank is contractually obliged to repay these securities at par on their maturity.
Table
Unguaranteed (€m) | Guaranteed (€m) | |
2011 | 769 | 268 |
2012 | 1950 | 1780 |
2013 | 88 | 890 |
(Post 2013) | 53 | 22 |
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