Final bonds associated with the winding-up of IBRC cancelled
The bonds were issued in 2013 in connection with the liquidation of Irish Bank Resolution Corporation, formerly Anglo Irish Bank and Irish Nationwide. Picture: Gareth Chaney
The National Treasury Management Agency (NTMA) has cancelled the final €534m tranche of floating rate bonds connected with the liquidation of the Irish Bank Resolution Corporation, formerly Anglo Irish Bank and Irish Nationwide.
The bonds were issued in 2013 following the Irish Bank Resolution Corporation Act. In total, €25bn worth of floating rate bonds were exchanged for the promissory notes held by the Central Bank on foot of the Irish Bank Resolution Corporation liquidation.
