NTMA: Burden-sharing has yielded €15bn saving to State

Some €15bn of taxpayers' money has been saved through burden sharing with subordinated bond holders since 2009, it has been revealed.

NTMA: Burden-sharing has yielded €15bn saving to State

Some €15bn of taxpayers' money has been saved through burden sharing with subordinated bond holders since 2009, it has been revealed.

The National Treasury Management Agency (NTMA) also said only €16.5bn of the €85bn EU/IMF bailout fund will now be used to recapitalise Irish banks - and not the previous estimate of €35bn.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited