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Government Bonds

Dáil Éireann Debate, Thursday - 28 February 2013

Thursday, 28 February 2013

Questions (29)

Brendan Smith

Question:

29. Deputy Brendan Smith asked the Minister for Finance if EUROSTAT has indicated that it is considering including bonds issued by the National Asset Management Agency in the calculation of Ireland’s general Government debt; and if he will make a statement on the matter. [10622/13]

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Written answers

The NAMA SPV, National Asset Management Agency Investment Limited (NAMAIL) was established to facilitate the participation of private investors in NAMA. 51 per cent of the shares of NAMAIL are held by three private investors, and as a consequence NAMAIL is classified as outside of government for the calculation of general government debt.

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