Oireachtas Joint and Select Committees

Thursday, 21 July 2016

Public Accounts Committee

2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 24 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2015

9:00 am

Photo of Noel RockNoel Rock (Dublin North West, Fine Gael) | Oireachtas source

That is quite unique internationally. A 100-year bond is very rare, given, as the Mr. O'Kelly said in his introductory remarks, that we could barely borrow at one stage and we could barely lend for 100 days. I am curious as to how that came about.

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