Éamon Ó Cuív (Galway West, Fianna Fail)

I think it will. It is up to the industry to avail of the scheme once we bring it in. One could buy blended bonds, for example, which are a mixture. Many products could be made available.

It seems to be to be a no-brainer that people should be encouraged to buy Irish bonds. The money stays in the country, there is a better return and pension funds become more solvent. Adjustments will be made to the funding standards to reflect this. It is a very important step in the right direction and will give us a good return.

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