Central Bank sells 42% of Anglo Irish-related bonds

Latest deal sees €500m in bonds sold to NTMA and cancelled

The Central Bank received €25 billion of government bonds in February 2013 under a restructuring of Anglo Irish promissory notes. Photograph: Bryan O’Brien

The Central Bank received €25 billion of government bonds in February 2013 under a restructuring of Anglo Irish promissory notes. Photograph: Bryan O’Brien

The Central Bank has sold a further €500 million of bonds dating from a restructuring five years ago of the State’s bailout of now-defunct Anglo Irish Bank.

The Central Bank received €25 billion of Government bonds in February 2013 under a restructuring of so-called promissory notes, which had been used by the State during the financial crisis to rescue Anglo Irish, which was subsequently renamed Irish Bank Resolution Corporation (IBRC).

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