Oireachtas Joint and Select Committees
Thursday, 13 April 2017
Committee on Budgetary Oversight
Stability Programme Update: Minister for Finance
2:00 pm
Tommy Broughan (Dublin Bay North, Independent) | Oireachtas source
On page 24 of the SPU the composition of debt was mentioned. The levels of debt and the debt-to-revenue ratio are still very significant. I have asked the Minister a question on this matter two or three times. I am looking at the 60% between the fixed rate treasury and amortising bonds and the floating rate bonds. Should we take advantage of the current interest rate situation to refinance some of the €35 billion? We should not leave that as one of the negative contingencies for 2019-2020, whether it is this Government or the next one. Will the Minister talk to the NTMA about the matter again and keep it under review?
No comments