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Government Bonds

Dáil Éireann Debate, Tuesday - 16 December 2014

Tuesday, 16 December 2014

Questions (231)

Michael McGrath

Question:

231. Deputy Michael McGrath asked the Minister for Finance in view of the Central Bank statistical release, holders of Irish Government Bonds, 10 December 2014, of the €48 billion of Irish Government bonds held by credit institutions and the Central Bank of Ireland, the proportion of these that are held by the Central Bank of Ireland; and if he will make a statement on the matter. [48326/14]

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Written answers

The Central Bank has advised that it is an independent entity and that it does not report on its individual investment holdings. It does report, however, on an annual basis only, on its holdings of Government bonds in its Special Portfolio, that being the portfolio of assets acquired after the resolution of IBRC and the exchange of government bonds for the promissory note held by the Bank for collateral purposes at that time. The Bank's Annual Report for 2014 will document its end-year position in this regard and is scheduled for publication in April 2015.

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