Tag Archives: NAMA

Ireland promissory note deal in pipeline

Plenty of talk and negotiations that a deal is going to get done tonight on Ireland’s promissory note. Currently financing this note costs EU3.2bln a year. Talk of liquidating Anglo and transferring its assets to NAMA, then replacing the note … Continue reading

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What’s Spanish for NAMA? – SAREB apparently…

Spain announced yesterday that their “bad bank” will buy the billions of euro’s worth of toxic loans and property assets from their domestic lenders in a similar move as to what Ireland did a few years back in creating NAMA. … Continue reading

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