Terry Leyden (Fianna Fail)

On 5 December 2008 I raised the issue of a solidarity bond which I called a reconstruction bond at the time. It was based on the savings scheme introduced by the former Minister for Finance, former Deputy Charlie McCreevy. I also raised the matter in January 2009 in the context of Anglo Irish Bank and again in May that year. The Minister has now introduced the bond in the Finance Bill. I ask the Leader of the House to give special consideration to the national solidarity bond. It is an enormous opportunity to raise money for investment in the country. It will also be a very attractive bond which we can sell throughout the world on St. Patrick's Day. When he was Minister for Finance, Michael Collins sold a bond in America. The Minister for Finance, the Taoiseach, ambassadors and every Minister travelling from this country for St. Patrick's Day should include in their speeches the fact that we are seeking investment. I encourage every Member of the House to put any spare cash they have into the bond. I intend to put mine into it. The bonds are for five years, seven years or ten years. One will get a return each year and a bonus at the end of the term. A Chathaoirligh, I am using this House to promote the bond on behalf of the country and I believe you, with your experience, will also promote it if you are away on St. Patrick's Day on behalf of the State. There is no better man to sell it on behalf of the State.