Finian McGrath (Dublin North Central, Independent)
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To ask the Minister for Finance the reason trade unions cannot put money into national solidarity bonds and if anything can be done regarding same (details supplied). [8358/13]

Michael Noonan (Limerick City, Fine Gael)
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Trade unions can hold the National Solidarity Bonds subject to the common limits on holdings that apply to all holders. In respect of the 4-year National Solidarity Bond, the limit is €250,000 and in respect of the 10-year National Solidarity Bond the limit is also €250,000, bringing the overall maximum possible holding to €500,000.

Where a trade union wishes to place money in excess of €500,000 with the State, there are other Government savings products available from the National Treasury Management Agency (NTMA).