Dáil debates
Tuesday, 27 May 2014
Other Questions
National Debt
4:25 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
It was not paid after that and we then negotiated our way out of it. The effective rate of interest on all of that money now stands at approximately 1%. The money to which I refer is not of the pretend variety; it is real.
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