Tommy Broughan (Dublin Bay North, Independent) | Oireachtas source

We had a very sobering account of our national debt from the chief executive of the National Treasury Management Agency, NTMA, Mr. Conor O'Kelly, and his head of funding, Mr. Frank O'Connor in the Committee on Budgetary Oversight a few weeks ago. They answered concerns that had been put to me about the refinancing of our debt, particularly in late 2019 and early 2020, when these chimney stacks of debt will have to refinanced. Is the Minister happy with the strategy of the NTMA? Does he think that perhaps they should be lending for longer at the really low rates that we have at the moment? Is it a strategy that the Department of Finance is happy with?

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