Oireachtas Joint and Select Committees
Thursday, 12 July 2018
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts (Resumed)
Chapter 23: Accounts of the National Treasury Management Agency (Resumed)
National Treasury Management Agency: Financial Statements 2017 (Resumed)
9:00 am
Mr. Conor O'Kelly:
It has risen, but interestingly, it has remained at about 10% of total debt. Our debt has gone up fourfold from €47 billion to more than €200 billion. The figure for retail savings was €4.7 billion or 10% back in 2007. It has stayed very steady at about 10% of the total national debt. Retail savings comprise State savings, prize bonds, and the post office savings, all done through An Post.