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Dáil Éireann debate -
Tuesday, 15 Apr 1997

Vol. 477 No. 5

Written Answers. - Interest Rates.

Bertie Ahern

Question:

79 Mr. B. Ahern asked the Minister for Finance the level of interest rates in February 1987, December 1994 and March 1997. [9823/97]

Information on interest rates is contained in the following tabular statement.

Short-Term Interbank Interest Rates

Yields on Government Securities

End

One

Three

Five

Ten

month

month

months

year

year

15 year

February 1987

14.38

14.25

12.84

12.64¹

12.41

December 1994

5.75

6.44

8.74

8.76

8.84

March 1997

5.65

5.73

6.12

6.79

7.02

1 Eight yield: no ten year Government Security existed in 1987.
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