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Monday 27 March 2023 Dublin: 7°C

# Promissory notes

All time
# Prom Night
So, what if #PromNight was a real prom?
Michael Noonan, Enda Kenny and the lads head to the Leinster House High Debs…
# Promissory notes
Ireland and the ECB reach a deal on promissory note - report
“We have not received formal confirmation of precisely what is to be agreed,” Ruairí Quinn told the Dáil.
# Prom Night
Video: TDs argue over when to start debating the IBRC liquidation bill
“Could I honourably suggest that if you want some order from the government TDs then perhaps you should close the Dáil bar.”
# Promissory notes
Explainer: What happened last night? Why was IBRC liquidated? What happens now?
Why on earth were the Dáil and Seanad sitting until the small hours of this morning? This might help…
# Prom Night
Hayes: "Substantial contingency planning" by government on IBRC
He also said that Ireland is the most likely country to get back to the markets due to the “extraordinary patience and hard work” of its people over the last five years.
# Promissory notes
Financial services union calls on Noonan to guarantee IBRC jobs
Last night the Finance minister said he understood most staff would be rehired by the liquidators or by NAMA when it takes on the bank’s assets.
# Promissory notes
Central Bank reassures IBRC customers they will be repaid
The banks said all eligible deposits under its guarantee scheme will be covered up to a limit of €100,000 per person.
# Promissory notes
President signs legislation to liquidate IBRC into law
The President returned from his official visit to Rome yesterday to sign the emergency legislation.
# Promissory notes
Legality of promissory note to be challenged in the Supreme Court today
David Hall’s legal challenge to the €3.06 billion Anglo promissory note was dismissed by the High Court last week but he intends to appeal to the Supreme Court this morning despite the overnight developments.
# Prom Night
TDs vote to liquidate IBRC in dramatic late-night Dáil sitting
TDs voted by 113 votes to 35 to wind down the former Anglo, laying off its employees with immediate effect.
# Prom Night
LIVE: Seanad debates legislation to liquidate IBRC
Watch live from the Seanad Chamber as members deliberate on whether to immediately wind down the former Anglo.
# Prom Night
Here’s how every TD voted on the Bill to liquidate IBRC
Here’s the total voting chart for how the Dáil divided on its final decision to liquidate the former Anglo Irish Bank.
Dáil approves Bill to liquidate IBRC
Catch up with text commentary from the Dáil as TDs voted to wind up the former Anglo.
# Your Say
Poll: Do you support swapping the promissory note for long-term bonds?
The government wants to issue long-term bonds to get rid of the IBRC promissory notes. What do you think?
# ibrc
President Higgins returning to Ireland to consider IBRC legislation
Michael D Higgins has interrupted a trip to Italy to make himself available if the Oireachtas passes an IBRC bill tonight.
# ibrc
Here’s the schedule for the Dáil’s late-night IBRC sitting
It’ll be a late one in the Dail.
# ibrc
Chief Whip says leaking of elements of IBRC plan is ‘unfortunate’
Paul Kehoe: “The Minister for Finance has taken action to secure the stability of IBRC in the face of these leaks.”
# Promissory Note
Dáil to sit at 10:30pm to debate emergency legislation on liquidating IBRC
TDs will reconvene after 10pm tonight to discuss plans to transfer IBRC’s assets to NAMA – as part of a deal to replace the promissory notes with long-term Government bonds.
# Leinster House
Oireachtas agenda: Transport grants, promissory notes and WW2 pardon
Legislation granting a legal pardon to Irish deserters who fought for the Allies in World War II will be introduced today.
# Leinster House
Oireachtas agenda: Horse burgers, promissory notes and music rights
Simon Coveney will take questions on the horse DNA scandal as the Dáil debates whether to bin the promissory notes.
# Wrote you a letter
Read in full: Mario Draghi’s letter to Fianna Fáil’s Michael McGrath
The Fianna Fáil finance spokesperson has called on Michael Noonan to hold face-to-face negotiations with the European Central Bank president after he wrote to him last month.
# Promissory notes
Gilmore: This is a critical time for discussion on promissory notes
The Tánaiste said that the future of the Irish government is a matter for the Irish government and the Irish people.
# Promissory notes
Everything you need to know about the promissory notes, but were afraid to ask
You have been and will be hearing a lot about promissory notes in the coming weeks but what’s it all about? We’ve taken your questions, come up with some of our own and asked the experts…
# Promissory Note
Technical Group to force Dáil vote on promissory note repayment
15 TDs, led by Shane Ross, have tabled a motion calling for a public assertion that Ireland won’t make the next repayment.
Irish banks continue to wean off ECB's funding
The latest figures show usage of the ECB’s refinancing facilities by the Irish covered banks dropped €13 billion in December.
# Promissory notes
Challenge to promissory notes dismissed, court says TD could bring case
The Dublin businessman David Hall had taken a case against the State arguing that the issuing of the €31 billion promissory notes to the former Anglo Irish Bank is illegal as there was no Dáil vote.
# Promissory notes
Noonan still chasing 'good deal' in promissory note talks
The finance minister says saying the deal is dead is “premature”, but vows: Ireland “is not going to default.”
# Promissory notes
Taoiseach still 'confident' of promissory note deal by March
Ireland is due to pay €3.06 billion in 60 days’ time – but Enda Kenny remains positive that a deal can be reached.
# Promissory notes
Doherty asks Noonan to have "frank and open debate" on promissory notes
The Sinn Féin finance spokesperson said that he wants Minister Noonan to ‘come clean’ on the issue and appear before the committee as soon as possible.
# open thread
Open thread: What do you want to know about the promissory notes issue?
It’s back on the agenda as the Irish government seeks a deal to avoid paying back €3.06 billion due in March, but what do you want to know about those pesky promissory notes?
# Promissory notes
No agreement but bank debt deal talks will continue, Ministers insist
Leo Varadkar and Pat Rabbitte have both insisted that the discussions on reducing the burden of Ireland’s bank debt will continue despite a report that the ECB had rejected a key Irish government proposal.
# Promissory notes
Failure on debt deal would have 'catastrophic effect on Ireland' - Tánaiste
Tánaiste Eamon Gilmore will address world leaders – including Angela Merkel – in Chile today as hopes for a deal on Ireland’s bank debt took a blow last night and the opposition criticised the government’s lack of openness.
# need to know
The Evening Fix... now with added epic car parking
Here are the things we learned, loved and shared today.
# Promissory notes
Report: ECB rules out long-term bond to replace promissory note
Reuters cites ECB sources as saying the proposal was discussed this week – and ruled out as being illegal under EU treaties.
# need to know
The Evening Fix... now with added flashmob birthday party
Here are the things we learned, loved and shared today.
# Enda Kenny
Updated: Taoiseach has confidence in Reilly and in securing promissory note deal
An Taoiseach Enda Kenny also said that government would not allow for abortion on demand in Ireland.
Column: What would it take for Ireland to escape the Anglo promissory note?
Pat Rabbitte has said Ireland won’t make the €3billion payment. But the real situation is much bleaker, writes Sarah McCabe.
# Your Say
Poll: Will the government get a deal on promissory notes?
There have been disputes in cabinet over who gets to say what – but at the end of day, will we get a deal?