Oireachtas Joint and Select Committees
Thursday, 12 July 2018
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017
9:00 am
Mr. Conor O'Kelly:
It would not necessarily have created income but it would have been exposed to the stock market so might be worth more. It would have been invested in the market and might be worth more than €8.9 billion. My calculation did not take that into account. The Deputy is correct that the €8.9 billion would probably have increased.
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