Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context

Question 140: To ask the Minister for Finance the overall amount of money currently managed by the National Treasury Management Agency through the various State savings products; if he will provide a breakdown of the overall amount by the type of product savings bonds, savings certificates, national solidarity bond and so on; the way the money is managed; and if he will make a statement on the matter. [38033/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
Link to this: Individually | In context

The Government's State Savings products consist of the National Solidarity Bond, Savings Certificates, Savings Bonds, Prize Bonds, Instalment Savings and Deposit Accounts (POSB).

The total amount invested in the State Savings products on Monday, 18 October 2010 was €12.029 billion, made up of €265 million in the National Solidarity Bond, €3.808 billion in Savings Certificates, €3.972 billion in Savings Bonds, €469 million in Instalment Savings, €1.29 billion in Prize Bonds, and €2.225 billion in deposit accounts (POSB).

The State Savings schemes, which are managed by the National Treasury Management Agency, are used to fund the Exchequer and form part of the National Debt.