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
Noel Rock (Dublin North West, Fine Gael) | Oireachtas source
One theme that jumped out at me as I read the report was the impact of Brexit on the NTMA and how it conducts its business. Some 20% of the remaining loan assets of the National Asset Management Agency, NAMA, are located in the UK. To what extent have derivative assets and exchange rate hedging, in particular, shielded the NTMA from the fall in the value of sterling?
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