Oireachtas Joint and Select Committees

Tuesday, 1 July 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

National Treasury Management Agency (Amendment) Bill 2014: Committee Stage

6:15 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

On a point of information, representatives of the NTMA and NAMA have been before the finance committee and NAMA representatives are due to return around September. I discussed one of the bond flotations with the NTMA's chairperson, Mr. Corrigan, and asked him why more bonds had not been floated at the time when the rate was just under 3%. I also said to him that if he had floated more bonds, we probably would have obtained a lower rate. I ask the Minister of State to clarify what can and cannot be discussed.

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