Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source

I will pick up on the €33 billion. Housing is included as an area for investment but over five years, if one considers an average house price to be €300,000, this would build something like 33,000 houses. It puts in context the extent of what we cannot do, that is, the opportunity cost. Billions get confused with millions these days. It really does show the magnitude of the debt.

Mr. O'Kelly told us earlier that the two highest rates on our bonds at 4.4% and 5.9%, yet we see an interest rate of 6%. Am I reading that right?