Written answers
Wednesday, 24 November 2010
Department of Finance
National Solidarity Bond
9:00 pm
Tom Hayes (Tipperary South, Fine Gael)
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Question 62: To ask the Minister for Finance the amount that has been invested in the National Solidarity Bond to date; the number of investors who have availed of the regular saver option; and if he will make a statement on the matter. [44209/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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In Budget 2010, I announced the Government's intention to launch a National Solidarity Bond, the purpose of which is to allow citizens an opportunity to invest and provide money to the State to stimulate economic recovery and to assist in the maintenance and creation of employment. The necessary legislative basis was provided in this year's Finance Act and the Bond was launched on Tuesday 4 May. I am informed by the National Treasury Management Agency that, at close of business on Monday, 22 November, a total of some €319 million had been invested in the Bond by 14,650 customers.
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