Dáil Éireann Debate, Thursday - 11 December 2014
74. Deputy Michael McGrath asked the Minister for Finance the total nominal value of bonds in Anglo Irish Bank and Irish Nationwide Building Society subject to liability management exercises in each year from 2008 to 2012; the average discount which applied in each case; and if he will make a statement on the matter. [47683/14]
View answerIn 2009 and 2010 Anglo Irish Bank repurchased subordinated bonds with a nominal value of €4.4bn and recognised gains as a result of these liability management exercises totalling €3.3bn.
Irish Nationwide Building Society in 2009 and 2011 exchanged or repurchased bonds totalling €1.1bn as part of liability management exercises and recognised gains of €0.4bn.
