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
9:00 am
Mr. Conor O'Kelly:
We have projected that out to 2020 it will continue on a downward trend towards €5 billion. Thereafter, it will begin to increase towards or above €6 billion, depending on the interest rate environment at that stage. We have detailed forecasts and predictions incorporating the market forecast in terms of budget predictions, etc. They are all built into that forecast.