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Banking Sector

Dáil Éireann Debate, Tuesday - 12 April 2011

Tuesday, 12 April 2011

Questions (123)

Michael McGrath

Question:

139 Deputy Michael McGrath asked the Minister for Finance the amount of unguaranteed senior and subordinated debt in each of the banks in which the State has a stake; and if he will make a statement on the matter. [7737/11]

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Written answers

On 1 April 2011, the Central Bank published the total senior and subordinated debt issuances by those banks covered by the Guarantee as at March 2011. This information is available on the Central Bank's website at www.centralbank.ie. The Central Bank published the individual figures on a once-off basis and were disclosed with the consent of the financial institutions and does not form part of any Central Bank statistical series. While the Central Bank does not usually publish this information, the Central Bank has advised me that as at 1 April 2011, the total unguaranteed senior debt in the covered institutions is €36,001m of which €19,944m is unguaranteed secured debt and €16,057m is unguaranteed unsecured. The total subordinated debt amount is €6,223m.

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