Written answers
Thursday, 18 December 2014
Department of Finance
NAMA Debtors
Michael McGrath (Cork South Central, Fianna Fail)
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109. To ask the Minister for Finance the National Asset Management Agency's current estimated cost of funds; and if he will make a statement on the matter. [49277/14]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by NAMA that its cost of funds, taking account of interest cost on its debt securities and its interest rate hedging costs, is currently less than 2.0%.
Michael McGrath (Cork South Central, Fianna Fail)
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110. To ask the Minister for Finance the number of National Asset Management Agency debtors that have been put into receivership since its inception; and if he will make a statement on the matter. [49278/14]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by NAMA that there has been full or partial enforcement over 342 debtor connections to date, including appointments made by the participating institutions prior to the acquisition of the loans by NAMA.
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