Michael McGrath (Cork South Central, Fianna Fail)
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48. To ask the Minister for Finance AIB’s holding of National Asset Management Agency bonds; the interest rate being paid on these bonds; and if he will make a statement on the matter. [10749/14]

Michael McGrath (Cork South Central, Fianna Fail)
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49. To ask the Minister for Finance Bank of Ireland’s holding of National Asset Management Agency bonds; the interest rate being paid on these bonds; and if he will make a statement on the matter. [10750/14]

Michael McGrath (Cork South Central, Fianna Fail)
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50. To ask the Minister for Finance PermanentTSB’s holding of National Aasset Management Agency bonds; the interest rate being paid on these bonds; and if he will make a statement on the matter. [10751/14]

Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 48 to 50, inclusive, together.

I can confirm for the Deputy that BOI, AIB and ptsb held the levels of NAMA bonds outlined below as of 24th February 2014. The senior bonds currently earn an interest rate of six month euribor which was set last September at a rate of 0.345%.  This year, for the first time, NAMA intends to pay the fixed coupon of 5.264% on its subordinated debt which was set by reference to the 10 year Irish Government bond yield when the subordinated debt was first issued in March 2010.