Written answers

Wednesday, 8 May 2013

Department of Finance

NAMA Transactions

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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73. To ask the Minister for Finance if he will provide a copy of the collateral posting agreement between the National Treasury Management Agency and the National Asset Management Agency which required NAMA to place €1.15bn as collateral with the NTMA at December 2012 in respect of derivative exposure. [21646/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised that NTMA provides transactional Treasury services to NAMA, including derivative transactions. I am advised by NAMA that the collateral posting agreement between the NTMA and the NAMA, which relates to derivatives, contains commercially sensitive information and is therefore not suitable for publication.

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