Former governor of the Central Bank John Hurley has told the Banking Inquiry that he cannot recall any financial institution asking him for a "full guarantee" in the run-up to the decision made at the end of September 2008.

In additional written evidence published today, Mr Hurley said he was also not aware of any such request being made to any other officers at the Central Bank or the Financial Regulator.

However, he added that it was possible that guarantees could have been mentioned during meetings with banks after the collapse of Northern Rock.

Mr Hurley said that he did not recall serious disagreements at meetings to consider draft Financial Stability Reports (FSR).

He added that he had no recollection of two reports estimating house prices for the 2007 FSR.  

Earlier this week, the Banking Inquiry published the evidence of Frank Browne, head of financial stability at the Central Bank, who said tight editorial control was exercised particularly in 2007 when warnings about the property bubble were removed from reports.

Mr Hurley said in his statement that some residual drafting, not finalised at meetings, was left to him to complete in consultation with appropriate staff.

But he said such drafting was in full accord with the thrust of the decisions of the joint board of the Financial Regulator and the Central Bank.