Catherine Murphy (Kildare North, Social Democrats)
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43. To ask the Minister for Finance the amount a company (details supplied) has received in fees from the NTMA in each of the years 2014 to 2020 and to date in 2021; and if he will make a statement on the matter. [13620/21]

Paschal Donohoe (Dublin Central, Fine Gael)
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It was not possible for the National Treasury Management Agency to provide the information sought in the time available and, therefore, I will make arrangements to provide the information to the Deputy in line with Standing Orders.

Catherine Murphy (Kildare North, Social Democrats)
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44. To ask the Minister for Finance the amount a company (details supplied) has received in fees from the Central Bank in each of the years 2014 to 2020 and to date in 2021; and if he will make a statement on the matter. [13621/21]

Paschal Donohoe (Dublin Central, Fine Gael)
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It was not possible to provide the information sought in the time available and, therefore, I will make arrangements to provide the information to the Deputy in line with Standing Orders.

Catherine Murphy (Kildare North, Social Democrats)
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45. To ask the Minister for Finance the amount a company (details supplied) has received in fees from his Department in each of the years 2014 to 2020 and to date in 2021; and if he will make a statement on the matter. [13622/21]

Paschal Donohoe (Dublin Central, Fine Gael)
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I can inform the Deputy that my Department has no record of any fees paid to the company named in the years 2014 to date.

However, I should point out that arising out of the admission in 2018 of AIB’s shares to the Irish Stock Exchange, the London Stock Exchange and the international offering by the Minister for Finance of his shares in AIB, fees of €12m were payable by AIB to the joint global coordinators and bookrunners.

The company in question was a member of this syndicate. The fees involved were negotiated by Departmental officials and represented approximately 0.4% of the value of the transaction based on the base deal size (€3 billion). This was very competitive by reference to comparable transactions in Europe. While the fees payable were discharged by AIB, this was done at the direction of the Minister as selling shareholder.

Neasa Hourigan (Dublin Central, Green Party)
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46. To ask the Minister for Finance if the NTMA has reviewed the position of a company (details supplied) as a primary dealer of Government bonds against the NTMA's own criteria for primary dealers most notably the organisational resources criterion. [13686/21]

Paschal Donohoe (Dublin Central, Fine Gael)
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The Deputy will by now be aware of the decision by the Board of the National Treasury Management Agency (NTMA) on Monday, 8th March, to withdraw J&E Davy’s authority to act as a primary dealer in Irish Government bonds.

The NTMA wishes to maintain both Ireland's reputation as a sovereign issuer in the bond market and also the orderly functioning of the market for Irish Government debt. In this context, the NTMA believes that the behaviour described by the Central Bank falls substantially short of the standards expected from market counterparties, peers and colleagues in the bond market and is potentially damaging to Ireland’s reputation as a sovereign issuer.

I am informed that the NTMA Board reached its decision based on its assessment of last week's Central Bank of Ireland findings and also as a result of engagement with investors in Irish Government debt. As such, I note and support this decision. I believe that it is the appropriate course of action in the current circumstances.