NAMA To Repay Banks
Ireland’s National Asset Management Agency is planning to repay by the end of the month EUR 2 billion ($2.44 billion) of senior bonds issued to buy loans from the banks, provided NAMA has the cash on hand after the government ordered it to lend EUR3.06 billion ($3.72 billion) to the Irish Bank Resolution Corp., formerly Anglo Irish Bank.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast