It's been a while since I've posted anything on this blog but a few questions have come up lately, most notably on the amount our banks have paid out in senior unsecured bonds since this government came to power.
The numbers on this blog are based on a bond list for all Irish banks but originates only in early May 2011, two months after Kenny & Co took over the reins of government.
These are the numbers for the various banks from that date to the end of 2014 - of course Anglo and Irish Nationwide have since been wound up but had this happened when it SHOULD have happened, back in 2010, then we'd have saved ourselves at least the amount shown here. The real savings of course would have been a hell of a lot more, the €31.9bn for which our children will be paying for decades, thanks to Michael Noonan's Promissory Note sellout - more on that here.
SENIOR UNSECURED BONDS SUMMARY - MAY 2011 to DEC 31st 2014