Dáil Éireann Debate, Thursday - 16 July 2015
143. Deputy Michael McGrath asked the Minister for Finance the overall amount of money managed by the National Treasury Management Agency through the various State savings products; if he will provide a breakdown of the overall amount by the type of product, savings bonds, savings certificates, national solidarity bonds, etc; the way the money is managed; and if he will make a statement on the matter. [29740/15]
View answerState Savings is the brand name used by the National Treasury Management Agency (NTMA) to describe the range of Government savings products offered by the NTMA to personal savers. State Savings form part of Ireland's debt, the repayment of which is a direct, unconditional obligation of the State.
The NTMA has advised that the total value of State Savings at end-June 2015 is €19.3 billion and the breakdown by product is as follows:
|
- |
€m |
|
Savings Bonds |
4,798 |
|
Savings Certificates |
5,980 |
|
Instalment Savings (including Savings Stamps) |
480 |
|
National Solidarity Bonds |
2,965 |
|
Deposit Accounts |
2,724 |
|
Prize Bonds |
2,323 |
|
TOTAL |
19,270 |
Note: The figures in the table are unaudited.
