Oireachtas Joint and Select Committees

Thursday, 12 July 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017

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9:00 am

Mr. Conor O'Kelly:

If one of the counterparties goes and that has collateral damage in the private sector, that happens every day and I am not sure the committee would want the NDFA to build in protections for everybody down the line. I do not think that would be possible.

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