Marc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

People have to manage their own contingency as best they can. The NTMA carries on average €10 billion of forward funding, but it is €20 billion at the moment because maturities are coming up.

What happens if the wheels come off post Brexit? What if there is a major problem and something manifests itself in Italy or Portugal or elsewhere? How is the State fixed then? I recall the days when we were fully funded for the year ahead. Are we in danger of the markets drying up for us or is it just the case that yields will go up and it will be more expensive for us?