Oireachtas Joint and Select Committees
Thursday, 3 December 2015
Public Accounts Committee
2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
10:00 am
Mr. Derek Moran:
There would also be a question of how much liquidity - how much demand - there would be at any point in time. They have to manage that. There is also a huge bond-buying programme ongoing in the secondary market as part of quantitative easing. So all of those things play one against the other, but the interest profile is falling, bit by bit.
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