Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Public Accounts Committee
2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018
They gather the money for NTMA and NTMA pays them a fee.
I have a final question. It goes back to Deputy Cullinane's question about the escrow account. What does it mean if we are in negative interest in the context of the Apple money? Is it that we are putting in money and getting no return or losing some of the principle over the period?