Peter Mathews (Dublin South, Fine Gael)
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Question 69: To ask the Minister for Finance if the State has ever issued a 30-year bond and, if not, the longest maturity on a bond the State has issued; and if he will make a statement on the matter. [2654/12]

Michael Noonan (Limerick City, Fine Gael)
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Data supplied to my Department by the Central Bank and the National Treasury Management (NTMA) show that the State has issued Government bonds with maturities of 30 years or more. A Government bond with a maturity of 38 years, a 6.5% Exchequer stock, was issued in 1967. This bond was redeemed early, in 2000.

The most recent bond with a maturity of 30 years was an 8.75% Housing Finance Agency (HFA) stock. It was issued in February 1988 and is due to be redeemed in February 2018. This bond was issued by the HFA and is guaranteed by the State.

Another bond with a maturity of 30 years, a 4% index linked HFA stock, was issued in April 1985 and is due to be redeemed in 2015. This bond was also issued by the HFA and again it is guaranteed by the State.