Dáil Éireann Debate, Tuesday - 20 January 2015
248. Deputy Michael McGrath asked the Minister for Finance the amount of dated subordinated debt on 30 September 2008 in the banks which would become covered institutions; the total amount of losses which have been imposed until now in respect of those dated subordinated bonds; if any of those dated subordinated bonds from 2008 remain in the system; and if he will make a statement on the matter. [2715/15]
View answer249. Deputy Michael McGrath asked the Minister for Finance the amount of undated subordinated debt on 30 September 2008 in the banks which would become covered institutions; the total amount of losses which have been imposed until now in respect of those undated subordinated bonds; if any of those undated subordinated bonds from 2008 remain in the system; and if he will make a statement on the matter. [2716/15]
View answerI propose to take Questions Nos. 248 and 249 together.
Since 2008 burden sharing of c.€15bn has been achieved with holders of dated and undated subordinated bonds in the covered institutions.
Unfortunately my Department has been unable to obtain the remainder of the information requested by the Deputy in the time available. I will write to the Deputy directly with the information as soon as it becomes available.
