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

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9:00 am

Mr. Conor O'Kelly:

The rates are more attractive and lower than at what we can invest. The entities borrow in the market and the debt sits in our accounts. The credit terms are better and they can borrow at better rates than we can on a regular basis.

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