Written answers
Thursday, 21 February 2013
Department of Finance
Central Bank of Ireland
Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance the actions that will be required should the Central Bank of Ireland make a loss on disposal of the bonds it currently holds in its investment portfolio resulting from the revised arrangements in respect of the promissory notes; and if he will make a statement on the matter. [9517/13]
Michael Noonan (Limerick City, Fine Gael)
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I can advise the Deputy that the Central Bank of Ireland is a fully capitalised and independent entity and manages the risks of its investment portfolio in a prudent manner.
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