Oireachtas Joint and Select Committees
Thursday, 22 November 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 4 - National Pensions Reserve Fund
Chapter 25 - Accounts of the National Treasury Management Agency
National Treasury Management Agency - Financial Statements 2011
National Pensions Reserve Fund Commission - Financial Statements 2011
12:00 pm
Mr. John Corrigan:
We have consistently refused to speculate on where we might come to the market. We are dealing with traded securities. It would be inappropriate to speculate. The question of supply and at what price one would bring supply clearly influences where the price is currently traded. If the Deputy does not mind me saying so, from a business point of view - if one can regard it as a business - it would not be wise to speculate.
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