Dáil Éireann Debate, Thursday - 5 February 2015
125. Deputy Michael McGrath asked the Minister for Finance the amount of subordinate National Asset Management Agency bonds in issuance; the interest payment that will attach to these bonds; and if he will make a statement on the matter. [5369/15]
View answerI would like to advise the Deputy that the information requested is available in the NAMA Section 55 Quarterly Report for Q3 2014 which was laid before the Oireachtas and published on the NAMA website on the 21st of January 2015.
In the report NAMA states that there are €1.593 billion of subordinated bonds in issue and that the coupon on the bonds is based on the Irish 10 year Government bond yield at the date of issue plus a margin of 75bps, this is 5.264%.
