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NAMA Expenditure

Dáil Éireann Debate, Tuesday - 14 May 2013

Tuesday, 14 May 2013

Questions (194)

Pearse Doherty

Question:

194. Deputy Pearse Doherty asked the Minister for Finance if he will confirm the sums paid by the National Asset Management Agency to each of the ratings agencies Fitch, Moody’s, Standard and Poor’s and Dominion Bond Rating Service in each of 2010, 2011, 2012 and to date in 2013. [22370/13]

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Written answers

Rating agency costs relating to NAMA are, in the main, paid by the NTMA as part of its overall sovereign rating programme. NAMA directly bears the cost arising from the rating of NAMA Bonds by Dominion Bond Rating Service (DBRS). NAMA advises that the terms of its agreement with DBRS are commercially sensitive and of a confidential nature.

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