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

12:20 pm

Mr. John Corrigan:

I ask the Chairman to bear with me a minute. It is anticipated that the last drawdown will be in the fourth quarter of 2013. The programme runs right up until then. In round terms the total available under the facilities is €67.5 billion and we have drawn down €55 billion of that to date. The bulk of the balance will be drawn down next year.

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