Some junior bondholders in AIB who will suffer significant losses, as a result of the Government's burden sharing, will be able to claim under insurance.
International Settlements and Derivatives Association has decided that the losses on the bonds warrants a payout under the insurance called credit default swaps.
It has been reported that the amount of the payout could be in the region of €300m.
A spokesperson for the Department of Finance said the development did not represent a default by AIB.
Anglo Irish Banks bondholders also benefited from similar payouts in some cases.
