Written answers
Thursday, 18 December 2014
Department of Finance
Bank Debt Restructuring
Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
126. To ask the Minister for Finance the value of senior guaranteed and unguaranteed bonds and subordinated bonds outstanding in Bank of Ireland, AIB and Permanent TSB; and if he will make a statement on the matter. [49294/14]
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
With reference to the Deputy's question regarding the value of outstanding balances for various debts instruments, I can confirm that I have received the following responses from the banks:
AIB (as at 5 December 2014):
Senior unsecured guaranteed - €2,224m
Senior unsecured unguaranteed - €1,074m
Senior secured unguaranteed - €4,543m
Subordinated debt* - €1,726m
*Including €1.6bn of the CoCo investment received from the State.
BOI:
Information relating to senior debt instruments (guaranteed and unguaranteed) issued by Bank of Ireland Group and outstanding at 30 June 2014 is set out in page 22 (Table 10) of the June 2014 interim report.
Information relating to subordinated debt instruments issued by Bank of Ireland Group and outstanding at 30 June 2014 is set out in page 97 (Note 24) of the June 2014 interim report.
The Bank of Ireland Group interim report can be accessed at the link: .
permanent tsb (as at 30 June 2014):
- Senior guaranteed bonds - €1,866m
- Unguaranteed bonds - €393m
- Subordinated bonds* - €392m
*Including €373m being the carrying value of the CoCo investment received from the State (nominal value €400m).
No comments