Oireachtas Joint and Select Committees
Wednesday, 8 March 2017
Committee on Budgetary Oversight
Developments in the National Debt: National Treasury Management Agency
2:00 pm
Mr. Conor O'Kelly:
When we are in a very low interest rate environment, the benefits of the funding that can be accessed by a triple A institution at the EIB are less obvious than when rates go higher. That is a reality that exists currently but the EIB moving to Dublin is a very positive step for Ireland and it is likely to get us more engaged. I would see that being very beneficial over the medium to long term rather than in the short term.
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