Dáil debates

Wednesday, 29 March 2017

Report of the Committee of Public Accounts re National Asset Management Agency’s sale of Project Eagle: Motion

 

6:35 pm

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

In the National Asset Management Agency Act 2009 the word "expeditious" is mentioned twice. We must be very fair. The NTMA is now issuing ten-year bonds at 0.33% and treasury notes at negative yields. They peaked at 14% in July 2011 and NAMA played its part in getting this debt off the State balance sheet. My final point is on the terms of the commission of investigation-----

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