ELA, Promissory Notes and All That:The Fiscal Costs of Anglo Irish Bank

Karl Whelan (karl.whelan@ucd.ie)

The Economic and Social Review, 2012, vol. 43, issue 4, 653-673

Abstract: This paper describes the cost to the Irish state of its bailout of the Irish Bank Resolution Corporation (IBRC). The paper discusses the IBRC’s balance sheet, its ELA debts to the Central Bank of Ireland and the promissory notes provided to it by the Irish government to pay off its liabilities. Options for reducing these costs are discussed.

Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://www.esr.ie/article/view/40/32 First version,2012 (application/pdf)

Related works:
Working Paper: ELA, promissory notes and all that: the fiscal costs of Anglo Irish Bank (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eso:journl:v:43:y:2012:i:4:p:653-673

Access Statistics for this article

More articles in The Economic and Social Review from Economic and Social Studies
Bibliographic data for series maintained by Aedin Doris (editor@esr.ie).