Michael McGrath
Question:134. Deputy Michael McGrath asked the Minister for Finance the take up to date of sovereign annuity bonds by the pension industry; and if he will make a statement on the matter. [32485/14]
View answerDáil Éireann Debate, Thursday - 17 July 2014
134. Deputy Michael McGrath asked the Minister for Finance the take up to date of sovereign annuity bonds by the pension industry; and if he will make a statement on the matter. [32485/14]
View answerIrish Amortising Bonds were launched in 2012 in response to demand from the Irish domestic pensions industry. The National Treasury Management Agency has advised that there is currently €1.4 billion issued. The NTMA operates an open window of supply of these bonds as demand arises from the industry.