Tommy Broughan (Dublin North East, Labour)
Link to this: Individually | In context

Question 80: To ask the Minister for Finance the payments that will be made to bondholders in the former Anglo Irish Bank in January 2012; the promissory note payments that will be made throughout 2012; if he will report on any other payments that will be made by the covered institutions and State in 2012; and if he will make a statement on the matter. [2855/12]

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

The information requested by the Deputy is set out in the following table. I understand the question, in relation to payments that will be made by the covered institutions and State in 2012, to refer to payments to bondholders of the covered institutions, and payments by the State to relate to payments in respect of the provision of capital to the covered institutions.

Bond Maturity for Covered Institutions 2012

*Includes €170m which is assumed to be repaid as a result of investor calls rather than final maturity of the debt.

The capital repayment on the promissory notes is €3.085bn (IBRC €3.06 and EBS €0.025bn)

It is not envisaged, at this point, that the covered institutions will require further State capital investment.