Dáil Éireann Debate, Thursday - 26 January 2012
71 Deputy Michael McGrath asked the Minister for Finance the extent of participation by institutions covered by the eligible liabilities guarantee in the ECB’s recent three year long term re-financing operation; and if he will make a statement on the matter. [4657/12]
View answerThe Central Bank has informed me that any participation by Irish institutions in ECB operations is reflected in the Bank's monthly statistics publications which can be found at http://www.centralbank.ie/polstats/stats/cmab/Pages/Money%20and%20Banking.aspx. Table A.4.2 Credit Institutions (Covered Group) — Aggregate Balance Sheet, incorporates Covered Banks’ aggregate Borrowing from the Eurosystem relating to monetary policy operations and the figures for December will be published on 31st January. The Bank is not in a position to comment on individual participation in ECB operations, though I understand that a number of the covered banks did participate in the recent 3 year auction and are currently assessing their approach and possible participation in the next such auction in February.
