Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of IBRC: Discussion
12:30 pm
Mr. Jim Bradley:
We undertake an annual forecasting exercise which takes into consideration such issues as market performance and interest rates. The latter is an important factor because we are talking here about a fixed-rate instrument and interest rates will having a bearing in terms of how much capital will be generated. It is an ongoing forecasting issue.
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