Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance if he will provide an assessment of the overall cost to the State of the bailout of Permanent TSB; if senior bondholders had been wiped out in March 2011. [16124/13]

Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance if he will provide an assessment of the overall cost to the State of the bailout of Anglo Irish Bank and Irish Nationwide Building Society, if senior bondholders had been wiped out in March 2011. [16122/13]

Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance if he will provide an assessment of the overall cost to the State of the bailout of Allied Irish Banks and the Educational Building Society, if senior bondholders had been wiped out in March 2011. [16123/13]

Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance further to Parliamentary Questions Nos. 179, 180, 188 and 227 of 26 March 2013, to which he, in part, responded that the Eurogroup advised against this proposal, but it recognised that fiscal measures such as taxes and levies are matters for individual member states, whether in a programme of assistance of not, if he will provide an assessment of the benefit that would have flowed to the State if a 99% tax or levy had been imposed on senior unguaranteed bondholders in Anglo Irish Bank and Irish Nationwide Building Society from March 2011. [16361/13]

Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 219 to 221, inclusive, and 250 together.

The Deputy will be aware that when this Government took office it attempted to enforce burden sharing with senior unguaranteed bondholders in particular institutions that were no longer core elements of the Irish financial system. Intensive discussions were held with our European partners and particularly President Trichet of the ECB in the run-up to the announcement of our stress tests on 31st March 2011. At that time the President believed that such action was not in the interests of Ireland or the Euro Area. This matter was discussed again with President Trichet on a number of occasions including the Ecofin meeting in Poland in September 2011.

The Central Bank of Ireland has advised me that as of 18th February 2011, the total unguaranteed senior debt issued by the covered institutions was €36,452m of which €20,039m was unguaranteed senior secured and €16,413m was unguaranteed senior unsecured (This information was published to the Central Bank of Ireland website in April 2011).

Within these figures, the amount outstanding at Anglo Irish Bank and Irish Nationwide combined was €3,748m (unguaranteed senior unsecured), while there was no senior unguaranteed secured notes in issue. As the Deputy is aware, burden sharing was thus restricted to junior debt, which over the course of the crisis contributed over €15bn in capital to the Covered Institutions.