Written answers

Tuesday, 13 November 2012

Department of Finance

Banks Recapitalisation

Photo of Gerry AdamsGerry Adams (Louth, Sinn Fein)
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To ask the Minister for Finance if he will confirm the total nominal amount in euro of Anglo Irish Bank subordinated bonds that were governed by English Law that were subsequently subjected to a subordinated debt buy back in November and December 2010; if he will confirm the total nominal amount in euro of Irish Nationwide subordinated bonds, Irish Life and Permanent subordinated bonds and Allied Irish Banks subordinated bonds that were governed by English Law that were subsequently subjected to subordinated debt buy backs in 2011; and if he will make a statement on the matter. [49805/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The requested institutions have supplied me with the following information:

Subordinated Bonds under English Law subjected to Buy Backs
2010
€bn
2011
€bn
Anglo Irish Bank
1.9
INBS
0.2
PTSB
0.9
AIB
4.6

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