Gerry Adams (Louth, Sinn Fein)
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To ask the Minister for Finance if he will detail whether the issuance of €25 billion Government bonds as consideration with the Central Bank of Ireland for the Irish Bank Resolution Corporation promissory note also included consideration for the €884 million of senior National Asset Management Agency bonds which according to the June 2012 IBRC reports had been pledged under a Special Master Repurchase Agreement with the Central Bank of Ireland; if he will detail if these senior NAMA bonds were acquired by the State as part of the promissory note and the special master repurchase agreement tranaction; if he will detail the arm of the State that owns these €884 million of senior NAMA bonds; if this assets of the State is to be disposed of; and if he will make a statement on the matter. [9509/13]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware €25 billion of Irish Government bonds have been issued in exchange for the Promissory Notes only. The NAMA bonds that were pledged as ELA collateral with the Central Bank of Ireland under the Special Master Repurchase Agreement have been retained by the Central Bank in settlement of the funding provided against them. As such the NAMA bonds are now assets of the Central Bank of Ireland.