Oireachtas Joint and Select Committees

Thursday, 7 October 2021

Public Accounts Committee

2020 Annual Report of the Comptroller and Auditor General - Chapters 15 and 16
2019 Annual Report of the Comptroller and Auditor General - Chapter 16
National Treasury Management Agency - Financial Statements 2020

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9:30 am

Mr. Conor O'Kelly:

One can take the average rate over the past three years. In 2019, the average interest rate was just below 1%. In 2020, it was 0.4% and in 2021 it is below 0.2%. We are locking in very low interest rates currently and have done so in the past two or three years.

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