Oireachtas Joint and Select Committees
Thursday, 24 January 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Economy and Funding Requirements: Discussion with NTMA
2:45 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
There were meetings earlier this week of the Eurogroup and ECOFIN. The key outcome for Ireland was the possibility of extending the maturity of the money we have drawn down so far, under both of those streams of funding, over a longer term. The maturity was not set but presumably it will apply over a 30 year term or possibly longer. Has the NTMA calculated the potential savings for Ireland if all of that funding was extended to a maturity of 30 years or more at this stage?
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