Oireachtas Joint and Select Committees
Thursday, 11 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Allied Irish Banks
Mr. Tom Kinsella:
We define the "prevailing rate" as the rate now existing in the marketplace. Let me give an example. Today's fixed rate is today's fixed rate. It is not the fixed rate of five or six years ago.
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