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Bank Guarantee Scheme

Dáil Éireann Debate, Tuesday - 18 January 2011

Tuesday, 18 January 2011

Ceisteanna (116, 117)

Joan Burton

Ceist:

163 Deputy Joan Burton asked the Minister for Finance the total redemptions of senior, unsecured, unguaranteed debt at each of the credit institutions subject to the eligible liabilities guarantee on a monthly basis for each month from October 2010 to December 2011; and if he will make a statement on the matter. [2380/11]

Amharc ar fhreagra

Freagraí scríofa

The total unguaranteed senior, unsecured debt redeemed by the covered institutions in December 2010 was €935m. I am waiting for information from the Central Bank for October and November 2010 which I will forward on to the Deputy when I receive it. The total unsecured, unguaranteed senior bond debt in the covered institutions due to mature in 2011 is €8.3 billion. Due to considerations relating to commercial and market sensitivity and confidentiality consideration to which the Central Bank is subject in relation to the disclosure of regulatory information, it is not possible to provide a breakdown of the information as requested by the Deputy.

Joan Burton

Ceist:

164 Deputy Joan Burton asked the Minister for Finance the total redemptions of senior, unsecured, unguaranteed debt at Anglo Irish Bank during January 2011; the total outstanding senior, unsecured, unguaranteed debt at Anglo Irish Bank at end January 2011; and if he will make a statement on the matter. [2381/11]

Amharc ar fhreagra

The information requested by the Deputy is as follows. The total redemptions of senior unsecured unguaranteed debt at Anglo Irish Bank during January 2011 is €805 million. The total outstanding senior unsecured unguaranteed debt at Anglo Irish Bank at end January 2011 (as at close of business on 31 January 2011) is expected to be €3.15 billion. Please note that the amounts provided are EUR equivalent and are based on exchange rates as of 31 December 2010.

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