Oireachtas Joint and Select Committees

Thursday, 12 July 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)

See the whole debate « Previous speaker Next speaker »

9:00 am

Mr. Conor O'Kelly:

If one raises the money, one is locked in at the rate attaching so we would only go to the market and raise the money if the rates were attractive versus a conventional bond. Once one has raised the money at that rate, then it is a fixed rate.

Comments

No comments

 

Log in or join to post a public comment.