Oireachtas Joint and Select Committees
Thursday, 20 October 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank (Variable Rate Mortgages) Bill 2016: Discussion
10:00 am
Paul Murphy (Dublin South West, Anti-Austerity Alliance)
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The Minister is saying that, statistically, bank shares dropped by 10% over a period of days but that is not what was said at the time. What the Minister said was that the publication of the Bill led to it dropping by 10%. Does the Minister still believe the publication of a Bill proposing that there should be some measure of relief for mortgage holders caused bank shares to drop by 10%?