Press Releases new

Appointment of Mr Oliver Ellingham to NAMA Board 

Speaking on the NTMA's successfully Treasury Bill auction this morning (17th January 2013) the Minister for Finance, Michael Noonan T.D. stated: “This morning's successful treasury bill auction by the  NTMA, the fifth such auction since the NTMA returned to the treasury bill market in July last year, highlights the continued improvement in market sentiment towards Ireland. The yield on the 3 Month treasury bills has fallen from 1.8% in July to 0.20% today.  The

Speaking on Bank of Ireland's appointment of Mr. Michael Torpey as Chief Executive, Corporate and Treasury Division, the Minister for Finance, Michael Noonan T.D. stated today (16th January 2013): “I would like to take this opportunity to wish Michael every success in his new role in Bank of Ireland. As the Head of the Shareholder Management Unit in the Department Michael has been fully committed to resolving the banking crisis in Ireland and has contributed greatly to the

Sale of State's €1 billion holding in Bank of Ireland Contingent Capital Notes The Minister for Finance, Michael Noonan T.D., today welcomed the successful completion of the sale of the entire amount of the State's €1 billion holding of Contingent Capital Notes (CCN's) in Bank of Ireland at a price of 101% of their par value plus accrued interest.  The Minister stated:“This disposal is very positive as it will enable the Irish State to start reducing

END-DECEMBER 2012 EXCHEQUER RETURNS Good Exchequer Performance: Taxes Up; Spending on Target  The Minister for Finance, Mr. Michael Noonan, T.D. and the Minister for Public Expenditure and Reform, Mr. Brendan Howlin, T.D commented on the end December Exchequer returns issued today, saying;  “The Exchequer outturn for 2012 highlights the continued improvement we are making in the public finances. Tax revenue grew strongly in 2012 and indeed outperformed expectation with