Written answers
Wednesday, 17 February 2021
Department of Finance
Prize Bonds
Mattie McGrath (Tipperary, Independent)
Link to this: Individually | In context | Oireachtas source
144. To ask the Minister for Finance the amount invested in the National Treasury Management Agency prize bonds on 31 December 2020; and the percentage breakdown of this amount which was invested in 2020 and in each of the preceding calendar years. [8061/21]
Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source
The NTMA has supplied the table below in response to the Deputy's question.
| Year | Amount Invested (million) | Fund at Year-End(million) | Total Year Issues as % of Year End Fund Value |
|---|---|---|---|
| 2020 | 731 | 4,103 | 18% |
| 2019 | 538 | 3,655 | 15% |
| 2018 | 574 | 3,415 | 17% |
| 2017 | 571 | 3,170 | 18% |
| 2016 | 666 | 2,894 | 23% |
| 2015 | 557 | 2,481 | 22% |
| 2014 | 475 | 2,176 | 22% |
| 2013 | 474 | 1,929 | 25% |
| 2012 | 346 | 1,649 | 21% |
Note: These are the amounts of Prize Bonds issued every year; there would also be redemptions, so the fund value at year-end does not equal the value at previous year-end plus issuance.
Mattie McGrath (Tipperary, Independent)
Link to this: Individually | In context | Oireachtas source
145. To ask the Minister for Finance the amount of prize money paid out on behalf of the National Treasury Management Agency prize bonds in 2020; and the percentage breakdown of this amount which was paid in respect of bonds purchased in 2020 and in each of the preceding calendar years. [8062/21]
Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source
The NTMA have supplied the table below in response to the Deputy's question.
| Year | Prizes Paid €m | Distribution of value of prizes in 2020 by year of purchase €m | % Distribution of value of prizes in 2020 by year of purchase |
|---|---|---|---|
| 2020 | 19,242,050 | 1,534,950 | 8% |
| 2019 | 2,129,800 | 11% | |
| 2018 | 1,977,100 | 10% | |
| 2017 | 1,689,750 | 9% | |
| 2016 | 1,925,500 | 10% | |
| 2015 | 2,391,100 | 12% | |
| 2014 | 1,071,150 | 6% | |
| 2013 | 957,900 | 5% | |
| 2012 | 849,450 | 4% | |
| Pre 2012 | 4,715,350 | 25% | |
| 19,242,050 | 100% |
Note:Although the NTMA has provided the analysis contained in the table above, they emphasise that all draws are random and therefore the year in which a bond is purchased does not play a role in the probability in winning a prize. Over time, the percentage of bonds outstanding in any year should proportionately win that proportion of prizes.
No comments