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:

Again, what we are looking at is our access to markets and should access to markets become more difficult, how we can ensure that they are as optimal as possible and that we are accessing different pools of investors and doing so in the most optimal and cheapest way possible. It relates to how we can ensure that when we come to the market, we have the freedom to decide that we are not bound to go to one place on the U-curve or one group of investors who could then charge a higher price. We want to get ourselves into that optimal position. We can only do it to a certain extent but we try to mitigate those risks as much as possible. Mr. O'Connor can talk about some of the-----

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