Dáil Éireann Debate, Tuesday - 5 April 2011
90 Deputy Michael McGrath asked the Minister for Finance if he will provide details of the amount of money invested to date in the national solidarity bond, both the four-year and ten-year bond; the number of persons that made investments; and if he will make a statement on the matter. [6591/11]
View answerThe 10-year National Solidarity Bond was launched 11 months ago on 1 May 2010 and the 4-year Bond was launched 2 months ago on 1 February 2011. The Solidarity Bonds are part of the range of State Savings products offered by the National Treasury Management Agency (NTMA) to personal savers. I understand from the NTMA that the uptake on both bonds has been strong and that the total amount being saved in the two products as of 1 April was €439 million, as set out in the table.
|
Amount invested |
Number of customers |
Average holding |
|
|
€m |
(€000) |
||
|
10-year National Solidarity Bond |
402 |
18,553 |
22 |
|
4-year National Solidarity Bond |
37 |
1,488 |
25 |
|
Total |
439 |
20,041 |
