The sums of NAMA

The banks owe 76,000 million on which they pay they pay the EURIBOR rate or 380 million per annum. The banks go to NAMA and ask that this debt is backed, NAMA says OK if you give me 1040 million ( ECB rate plus .5%) per annum NAMA will back 56,000 million. The banks go to the ECB and ask for 56,000 million , ECB says fine that will be 280 million per year. Banks now owe 132,000 million costing 1,700 million per annum. Banks go to the Irish Government and buy 56,000 million euro in bonds and get 2,800 per annum for them. Banks make 1,100 million per annum per year. Irish government gets 56,000 million for 2,800 million minus 1,040 the banks paid to NAMA or a little over 2.5%, and Irish debt to GDP ratio remains one of the lowest in Europe