Stephen Donnelly (Wicklow, Independent) | Oireachtas source

A bit of seigniorage might be no bad thing for once.

The promissory note is slightly off this but obviously very relevant in terms of borrowing costs and interest paid. There have been some reasonably credible media reports that the ECB is keen to accelerate the sale to market interest rates rather than the subsidised ECB rate of the promissory note bonds. Is the Minister coming under any pressure to accelerate that? Is the ECB asking him to start selling these bonds off by a particular date?