Ireland's strong economic performance has boosted Nama's debt, with ratings agency Standard & Poor's affirming its A+/A-1 rating today.
According to today's report, "there is an almost certain likelihood of the Irish sovereign providing extraordinary support to the National Asset Management Agency (NAMA) in the event of financial distress, based on its critical policy role in restoring stability to the Irish banking system, and integral link with the Irish government."
NAMA's senior borrowings are...
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