Central Bank has sold off 70% of IBRC-linked bonds

Irish Times | Aug 13, 2020 at 6:56 PM
  • The Central Bank on Thursday sold a further €500 million of bonds linked to the restructuring five years ago of the State’s bailout of the now-defunct Anglo Irish Bank.
  • The Central Bank has sold €17.5 billion of the bonds since 2014, including Thursday’s transaction, to the National Treasury Management Agency (NTMA).
  • IBRC had been using the promissory notes as collateral for emergency Central Bank funding up until February 2013, when it was put into liquidation.