Oireachtas Joint and Select Committees
Tuesday, 23 March 2021
Committee on Budgetary Oversight
Pre-Stability Programme Update: Discussion
Dr. Mark Cassidy:
I do not know what the public rate might be. At the moment, we are able to borrow for approximately 0% over ten years so I am not sure what the incentive would be. I do not have the details available as to what those rates would be and what terms and conditions might apply. I certainly believe that for most countries, given the low interest rate environment, the grants are the most interesting.
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