Written answers
Thursday, 17 July 2014
Department of Finance
National Treasury Management Agency Bond Issues
Michael McGrath (Cork South Central, Fianna Fail)
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134. To ask the Minister for Finance the take up to date of sovereign annuity bonds by the pension industry; and if he will make a statement on the matter. [32485/14]
Michael Noonan (Limerick City, Fine Gael)
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Irish Amortising Bonds were launched in 2012 in response to demand from the Irish domestic pensions industry. The National Treasury Management Agency has advised that there is currently €1.4 billion issued. The NTMA operates an open window of supply of these bonds as demand arises from the industry.
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