Dáil debates

Thursday, 28 October 2010

Macroeconomic and Fiscal Outlook: Statements (Resumed)

 

3:00 am

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

I will check that for the Deputy. It is on a very thin market. On the interest rate of 6.4%, the view was taken by the National Treasury Management Agency at that stage that the best course of action was not to go to auction in October and November but to do so in January 2011. That remains the position, as the Deputy is aware.

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