Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance if he will estimate by year the interest received, and receivable in future, up to 2031 by the Central Bank of Ireland in respect of the provision of Exceptional Liquidity Assistance secured by the so-called bailout promissory notes to Anglo Irish Bank, Irish Nationwide Building Society and their successor, the Irish Bank Resolution Corporation; if he will estimate the costs deducted and deductible by the Central Bank of Ireland from interest received and receivable in future on such promissory note secured ELA before the excess profit is returned to the Exchequer. [40822/12]

Michael Noonan (Limerick City, Fine Gael)
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The Central Bank of Ireland has advised me that one of the functions of the Central Bank, similar to other central banks, is to grant Exceptional Liquidity Assistance to a credit institution when this is deemed necessary for financial stability purposes. These amounts are published monthly. The Bank does not comment on ELA operations. As outlined in the Bank’s Annual Report for 2011 (pg.107), the Bank earned interest income of €1,627.8 million on ELA operations in 2011 (2010: €516.4 million).