Government Bonds

Dáil Éireann Debate, Thursday - 16 July 2015

Thursday, 16 July 2015

Questions (148)

Michael McGrath

Question:

148. 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. [29745/15]

Written answers

Minister for Finance

Irish Amortising Bonds were launched in 2012 in response to demand from the Irish domestic pensions industry. The National Treasury Management Agency (NTMA) has advised that, as at end-June 2015, that €1.1 billion of Irish Amortising Bonds had been taken up. The NTMA is available to respond to further demand for such bonds as it arises.