On 29 September 2008 Minister for Finance Brian Lenihan agreed to issue a broad state guarantee of Irish domestic banks under the Credit Institutions (Financial Support) Act 2008 for two years, with the intention of recapitalising them to enable them to continue to lend into the Irish economy [REF].
Government interventions[REF] would cover liabilities existing from 30 September 2008 or at any time thereafter up to and including 29 September 2010.