Irish Bank Guarantee Details

The Irish government has enacted a revision of its bank guarantee scheme (the “ Original Guarantee Scheme”) which was put in place in October 2008. The Original Guarantee Scheme provided a State guarantee for deposits and a broad range of debt securities to 29 September 2010. The revised guarantee scheme (the “ Amended Guarantee Scheme”) extends the maturity of instruments covered by the State guarantee from two years to five years.

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