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Dáil Éireann debate -
Tuesday, 28 Jun 1988

Vol. 382 No. 9

Written Answers. - SDA Loans.

136.

asked the Minister for the Environment if he proposes to reduce the interest rate on local authority SDA loans, in view of the recent decreases in interest rates.

It is my intention to keep the interest rate on local authority variable interest rate annuity and convertible loans in line with the rate generally being charged by building societies. The interest rate on loans advanced at a fixed interest rate applies for the period of the loan.

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