Written answers
Wednesday, 13 October 2010
Department of Finance
Central Bank Reserve
9:00 pm
Joan Burton (Dublin West, Labour)
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Question 150: To ask the Minister for Finance the total reserves held by the Central Bank in gold and in cash; to set out the total cash in hand held by the National Treasury Management Agency and by the National Pensions Reserve Fund, respectively; and if he will make a statement on the matter. [36595/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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At end-September 2010, the NTMA held some €22 billion, and the National Pensions Reserve Fund €3.3 billion, in cash. The Central Bank reported in its Money and Banking Statistics published on 24 September 2010 that the balance for gold and receivables was €195 million. I am informed by the Bank that it does not hold any reserves in cash.
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