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
3:05 pm
Mr. John Corrigan:
I agree with the Deputy completely. The position he outlined is the reason there are very modest issues in our treasury bill programme which involves floating rates. It makes sense to lock as much of our issue into fixed rates, despite the elevated spreads, which represent relatively good value in absolute terms.
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