Written answers
Thursday, 9 June 2011
Department of Finance
Bank Guarantee Scheme
6:00 pm
Tommy Broughan (Dublin North East, Labour)
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Question 62: To ask the Minister for Finance the amounts repaid to senior bondholders by the covered financial institutions in 2009, 2010 and to date in 2011; and if he will make a statement on the matter. [14939/11]
Michael Noonan (Limerick City, Fine Gael)
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The Central Bank of Ireland has advised my Department that the total amount repaid to senior unguaranteed bond holders by the covered institutions is as follows:
From September 2008€m | 2009€m | 2010€m | 2011€m | Total | |
Senior Unguaranteed Secured | 23 | 69 | 477 | 729 | 1,298 |
Senior Unguaranteed Unsecured | 0 | 0 | 2,430 | 3,599 | 6,029 |
Total | 23 | 69 | 2,907 | 4,328 | 7,327 |
My Department is awaiting up to date information requested by the Central Bank from the covered institutions of the amounts of senior guaranteed bonds that have been repaid by the covered institutions and I will send this information to the Deputy as soon as possible.
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