Oireachtas Joint and Select Committees

Wednesday, 5 July 2023

Committee on Budgetary Oversight

Sovereign Wealth Funds: Discussion (Resumed)

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

Were we to draw down the funding of any type from the National Reserve Fund, say in exceptional circumstances, would it require cashing in some or all of the Exchequer notes? Are they redeemed by the Irish State or is there a secondary market for those notes?

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