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Financial Services Regulation

Dáil Éireann Debate, Tuesday - 24 January 2012

Tuesday, 24 January 2012

Questions (145)

Michael McGrath

Question:

165 Deputy Michael McGrath asked the Minister for Finance if any US financial institutions have received liquidity funding from the Central Bank of Ireland in the period 2007 to 2011; the name of the institutions; the dates at which it obtained funding each time; the amount of funding obtained and the collateral used to obtain such funding; and if he will make a statement on the matter. [4100/12]

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Written answers

I have no role in the provision of liquidity funding by the Central Bank. However, the Central Bank advises me that, similar to other central banks, it may provide Exceptional Liquidity Assistance and Eurosystem liquidity. These amounts are published monthly. The Central Bank does not disclose the financial institutions that avail of such support although it is open to all eligible counterparties to apply for such funding.

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