Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

In the Comptroller and Auditor General's report, the discount rate is backed up by NAMA's cashflow projections and we have a lower discount rate, 2.5%, on the extract that is replicated in the report. What work does Mr. McCarthy's office undertake to stress test it commercially? At times, I get a view that it has to be backed up by the minutes and the board and its replicated cashflows. How does Mr. McCarthy's office assess whether the discount rate is off the wall or holds, commercially?