The Central Bank is sitting on unrealised gains of more than €10 billion on the bonds it acquired as part of the liquidation of the former Irish Bank Resolution Corporation.
According to the Central Bank, the nominal value of the bonds, which it acquired in 2013, stood at just under €20 billion at the end of last year after it sold €3 billion of them to the National Treasury Management Agency.
However, an uplift in the...
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