National Treasury Management Agency

Dáil Éireann Debate, Tuesday - 15 June 2021

Tuesday, 15 June 2021

Questions (97)

Aindrias Moynihan

Question:

97. Deputy Aindrias Moynihan asked the Minister for Finance the increases there have been in the purchase of State prize bonds in each of the past three years; the monetary amounts that have been invested in these bonds for each of the years; the interest the State generated with these funds in the period; the amount that was given in prize money in each of these years; if the number of prizes has changed during this timeline; and if he will make a statement on the matter. [31755/21]

Written answers

Minister for Finance

I am informed by the National Treasury Management Agency that the following information has been supplied by the Prize Bond Company:

Year	Sales €M	Prize Money €M	Number of Prizes
2018	574.3	16.4	224,474
2019	537.1	17.6	248,140
2020	735.7	19.2	280,333

The Sales column gives the purchase value of Prize Bonds in each of the past three years. This is equivalent to the monetary amounts invested in Prize Bonds.

The Prize Money column is the prize money that has been paid out in each of these years to Prize Bond customers. This is generated by the interest rate applied to the outstanding fund each year.

The Number of Prizes column shows the number of prizes awarded in each year.