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

9:30 am

Mr. Seamus McCarthy:

I repeated that exercise at two-yearly intervals. I am considering doing a further iteration of it. My recollection is that the figure was about €1 billion a year. Again, that related to the prevailing average interest rates at the time. Given the reduction in rates since then, it is likely that this figure has gone down. I may report on that in 2022.

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