Dáil debates

Wednesday, 4 March 2009

Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee and Remaining Stages

 

7:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

At this late stage, the best course for me would be to undertake to the House that subject to any requirements of confidentiality, I will inform the House in advance of any such investment but I cannot absolutely guarantee it in the circumstances. I take the point made by Deputy Bruton that a particular share sale might not have any particular share sensitivity but the size of the pension fund is such that the intimation that the entire fund, for example, might be disposed of, would be a significant matter in world markets.

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