Written answers

Tuesday, 17 April 2018

Department of Finance

State Savings Schemes

Photo of Michael Healy-RaeMichael Healy-Rae (Kerry, Independent)
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242. To ask the Minister for Finance if he will address a matter regarding a person's (details supplied) State savings bonds; and if he will make a statement on the matter. [15611/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The National Treasury Management Agency (NTMA) has informed me that all State Savings Fixed Term Products are purchased subject to Terms and Conditions.  The Terms and Conditions do not allow assignment or transfer of products, or rights under the Agreement to purchase a product.  The product may be redeemed before maturity without penalty, with the interest earned to that time, and then re-invested as a Joint Holding.

Further information may be obtained by contacting Customer Service State Savings: at i, Phone 1850 30 50 60 or 01-7057200, or Mail at State Savings, GPO, FREEPOST, Dublin 1.

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