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NAMA Bonds

Dáil Éireann Debate, Thursday - 18 June 2015

Thursday, 18 June 2015

Ceisteanna (66)

Pearse Doherty

Ceist:

66. Deputy Pearse Doherty asked the Minister for Finance in view of the ordering in February 2013 of the National Asset Management Agency to take over any Irish Bank Resolution Corporation assets, including any of the Agency's bonds not sold at the reserve price, the reason the bonds were allowed to be sold at a later date by the Special Liquidator at a discount under the reserve. [24231/15]

Amharc ar fhreagra

Freagraí scríofa

I am informed that the Special Liquidators sold the NAMA Subordinated Bonds at a price in excess of the reserve price set by an independent valuer.

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