Thomas P. Broughan
Ceist:182 Deputy Thomas P. Broughan asked the Minister for Finance the amount of money currently left in the National Pensions Reserve Fund; and if he will make a statement on the matter. [18787/12]
Amharc ar fhreagraWednesday, 18 April 2012
Ceisteanna (196)
Freagraí scríofa
I am informed by the National Treasury Management Agency, as Manager of the National Pensions Reserve Fund (NPRF), that the provisional total value of the Fund was €14.5 billion at 31 December 2011, comprising the Discretionary Portfolio, valued at €5.4 billion, and the Directed Portfolio, currently held at €9.1 billion pending completion of an independent valuation review of the Fund's investments in ordinary shares in Allied Irish Banks (provisionally valued at €0.01 per share) and in preference shares in Allied Irish Banks and Bank of Ireland.
Quoted investments in the Discretionary Portfolio were valued at close of business on 31 December 2011 and investments in indirect investment vehicles were based on the most recently available valuations as at that date. Final year-end valuations in respect of the Discretionary Portfolio and the Directed Portfolio will be provided in the NPRF Commission's Annual Report for 2011 which is expected to be published in the middle of 2012.
The NTMA expects that the next NPRF quarterly report, for the quarter to 31 March 2012, will be published on the NPRF website before the end of April 2012.
Question No. 183 answered with Question No. 93.
Question No. 184 answered with Question No. 97.
Question No. 185 answered with Question No. 93.