Paschal Donohoe (Dublin Central, Fine Gael)

In relation to the different questions, I was aware of the shareholding that ISIF had, indirectly in the Israeli bonds as part of the preparation for the publication of its annual report. I was not aware up to that point. The bonds have now been sold. I have outlined on other occasions, just a few moments ago, the engagement between my own officials and the Central Bank. In terms of the role that we play from a prospectus point of view, the Central Bank plays a very narrow and specific role in relation to the prospectuses and to their evaluation. It has to act in a way that is consistent with its legal obligations, and it does. I and the Governor of the Central Bank are well aware of all the debate around this matter. However, it is acting in a way that is consistent with the obligations it has on a very narrow and specific function.

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