Oireachtas Joint and Select Committees

Tuesday, 2 October 2012

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Discussion with Housing Finance Agency

3:05 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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I would like to ask Mr. O'Leary to clarify his comment that the agency has the capacity to borrow or raise €10 billion. Is that in addition to what the agency already has on its loan books, or is that the ceiling up to which it can borrow?