Oireachtas Joint and Select Committees
Thursday, 5 May 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
9:30 am
Mr. John Hogan:
The direction of travel from where we are at this stage is very clear. The re-profiling and elongating of debt that is being conducting by the NTMA over recent years has put us in a good position. It is very different from where we were in 2013. As the Deputy might remember then, we were very much the story then, but we are in a much better position on the international debt markets and seen very much as part of the semi-core group of nations. Our bond yields trade very closely to Belgium and France at present. We would have envisaged and experienced quite a different scenario ten years ago. Does Mr. McCarthy want to add to that?
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