DUBLIN, May 29 (Reuters) – Bond sales linked to the resolution of Irelands banking crisis helped the central bank record a profit of 3 billion euros ($3.35 billion) last year, 2.4 billion of which has been paid to the state to help cut the national debt.
The annual surplus paid to the state has risen sharply in recent years as a result of government debt the central bank acquired during the financial crisis, related chiefly to the liquidation in 2013 of the collapsed Anglo Irish Bank.
Irelands national debt ballooned during the financial crisis a decade ago, partly as a result of its bank bailout, the most expensive in the euro zone.
Ireland pledged to slowly feed the 25 billion euros worth of new bonds – with maturities ranging from 27 …
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