NAMA Transactions

Dáil Éireann Debate, Wednesday - 8 May 2013

Wednesday, 8 May 2013

Questions (73)

Pearse Doherty

Question:

73. Deputy Pearse Doherty asked the Minister for Finance if he will provide a copy of the collateral posting agreement between the National Treasury Management Agency and the National Asset Management Agency which required NAMA to place €1.15bn as collateral with the NTMA at December 2012 in respect of derivative exposure. [21646/13]

Written answers

Minister for Finance

I am advised that NTMA provides transactional Treasury services to NAMA, including derivative transactions. I am advised by NAMA that the collateral posting agreement between the NTMA and the NAMA, which relates to derivatives, contains commercially sensitive information and is therefore not suitable for publication.