NAMA says it is two years ahead of schedule on repaying Senior Debt.
Chief Executive Brendan McDonagh has told the Public Accounts Committee it should have 80% of Senior Debt redeemed in two year's time.
The Asset Management Agency has generated €23.2bn in cash from its loans since it was set up five years ago.
Also, the liability around IBRC has been reduced from €40bn at the start of last year, to just over €13.5bn currently.