Michael McGrath (Cork South Central, Fianna Fail)
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173. To ask the Minister for Finance the total value of prize bonds at the end of December for each of the years 2012 and 2013; the total value of the prizes awarded for each of the same years; and if he will make a statement on the matter. [32681/14]

Michael Noonan (Limerick City, Fine Gael)
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State Savings is the brand name used by the National Treasury Management Agency (NTMA) to describe the range of Government savings products offered by the NTMA to personal savers. Prize Bonds are one of the suite of State Savings products (which include Savings Bonds, Savings Certificates, Instalments Savings, National Solidarity Bonds and Deposit Accounts), all of which form part of the sovereign debt of Ireland, the repayment of which is a direct, unconditional obligation of the State. The total value of Prize Bonds at end-December 2012 was €1,649 million and at end-December 2013 was €1,932 million. The value of prizes awarded in 2012 was €47.6 million and in 2013 was €35.2 million.