Written answers
Wednesday, 20 July 2011
Department of Finance
Bank Guarantee Scheme
10:00 pm
Tommy Broughan (Dublin North East, Labour)
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Question 91: To ask the Minister for Finance the total amount paid to senior bondholders in the covered institutions since Q4 2008, especially including the amounts paid in 2011 and up to the present; and if he will make a statement on the matter. [21721/11]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Central Bank that the total principal paid to senior bondholders during the period from 1st October 2008 to June 2011 was €77.3bn. Of this amount €5.8bn was paid to senior bondholders during the period 1 January 2011 to June 2011. The Deputy should note that these amounts include scheduled repayments and buybacks.
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