Oireachtas Joint and Select Committees
Wednesday, 26 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Central Bank
2:20 pm
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
I welcome Professor Honohan. The rate that the Central Bank has quoted as being the average rate is 3.47%. However, the standard variable rate available for new business is approximately 4.3%. We are hearing reports that restructured tracker mortgages are included in the Central Bank's figures. Is that correct?
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