Written answers
Thursday, 18 December 2014
Department of Finance
State Savings Value
Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
140. To ask the Minister for Finance if he will provide in tabular form the total amount of funds held in deposit accounts at An Post currently and at the end of each year from 2010 to 2013; and if he will make a statement on the matter. [49313/14]
Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
141. To ask the Minister for Finance if he will provide in tabular form the total amount of funds held in An Post saving certificates and savings bond currently and at the end of each year from 2010 to 2013; and if he will make a statement on the matter. [49314/14]
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
I propose to take Questions Nos. 140 and 141 together.
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. All State Savings money form part of the sovereign debt of Ireland, the repayment of which is a direct, unconditional obligation of the State. The NTMA has advised that the total value of State Savings outstanding at end year 2010, 2011, 2012 and 2013 and the breakdown by product is as follows:
State Savings outstanding at end year in € million | 2010 | 2011 | 2012 | 2013 |
---|---|---|---|---|
Savings Bonds | 4,239 | 4,784 | 5,568 | 5,342 |
Savings Certificates | 3,957 | 4,233 | 4,791 | 6,002 |
Instalment Savings | 468 | 473 | 474 | 478 |
National Solidarity Bonds | 342 | 607 | 1,001 | 1,752 |
Deposit Accounts | 2,344 | 2,518 | 2,774 | 2,650 |
Prize Bonds | 1,330 | 1,449 | 1,649 | 1,932 |
TOTAL | 12,680 | 14,064 | 16,257 | 18,156 |
No comments