Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I welcome Mr. Corrigan, Mr. Whelan and Mr. Murphy. I refer to the issue of the fiscal cliff. The three components of debt sustainability are the level of the debt, the interest rate and the repayment terms. I will take up the point made by Deputy McGrath about the fiscal cliff. The requirement is to have six months' funding on hand at all times. If €7.5 billion were to be raised by the end of the year, this would equate to having a year's funding in hand for 2014. I ask Mr. Corrigan to give an indication as to the situation for 2015 and 2016, considering the level of repayments currently in place. I want to see the profile of the types of repayment the NTMA is required to make for 2014, 2015 and 2016 and the benefit to be had from extending the repayment terms.