Written answers

Tuesday, 7 July 2015

Department of Finance

Central Bank of Ireland Annual Reports

Photo of Clare DalyClare Daly (Dublin North, United Left)
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130. To ask the Minister for Finance his views regarding whether Ireland has gold reserves; if so, the location of same; and if he will make a statement on the matter. [27195/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Central Bank publishes the value of its gold and gold receivables in its annual report. The Central Bank Annual Report 2014 states the value of gold and gold receivables to be €190,979,000 as at 31 December 2014. The Annual Report also notes that gold and gold receivables consist of coin stocks held in the Central Bank of Ireland; gold bars are held on behalf of the Central Bank of Ireland at the Bank of England.

The operation and maintenance of any secure vaults is a matter for the Central Bank of Ireland. For security reasons the Central Bank of Ireland does not provide any details regarding the content or location of vaults.

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