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Fiscal Policy

Dáil Éireann Debate, Thursday - 18 January 2024

Thursday, 18 January 2024

Ceisteanna (167)

Carol Nolan

Ceist:

167. Deputy Carol Nolan asked the Minister for Finance the reason Ireland intends to borrow between €6 billion and €10 billion on the international markets in early 2024, given the current large budget surpluses; and if he will make a statement on the matter. [2248/24]

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Freagraí scríofa

The NTMA have advised me they announced a bond funding range for 2024 of €6 billion to €10 billion on 30 November last. 

This range reflects several factors including maturing debt in 2024, the importance of maintaining a presence in bond markets and providing liquidity to Ireland’s benchmark bond curve.

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