Oireachtas Joint and Select Committees

Wednesday, 18 January 2017

Joint Oireachtas Committee on the Future Funding of Domestic Water Services

Department of Housing, Planning, Community and Local Government, and Department of Finance

1:30 pm

Mr. John McCarthy:

I do not know at what cost. Maybe Irish Water gazed into it. At present the State, depending on the term premium and duration of the loan, at around one or 1.5 percentage points. The rate has picked up a little bit in recent months but it is relatively low at the moment.