DUBLIN Feb 26 The Liquidators appointed to the
collapsed Anglo Irish Bank have sold a second loan portfolio
with a par value of 7.3 billion euros ($10 billion) above an
initial valuation, Ireland's finance minister said on Wednesday.
Anglo Irish, renamed the Irish Bank Resolution Corporation
(IBRC) in its final years, was put into liquidation last year.
The liquidators, KPMG, must either complete the sale of its
assets by early this year or transfer them to the National Asset
Management Agency (NAMA), the state-owned "bad bank".
"The sale of this entire portfolio on top of the success of
the Project Evergreen sale late last year will considerably
reduce the amount of assets that are now expected to transfer to
NAMA and bodes well for the ultimate success of the
liquidation," Michael Noonan said in a statement.