Noel Grealish (Galway West, Independent)
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419. To ask the Minister for Public Expenditure and Reform the State agencies, organisations or boards under the responsibility of his Department or that receive funding from his Department that have been charged negative interest by financial institutions since negative interest rates were introduced; the amount of interest that has been charged to each State agency, organisation or board in 2021 in each of the preceding years in which such charges were applied; and if he will make a statement on the matter. [29210/22]

Michael McGrath (Cork South Central, Fianna Fail)
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The details of the negative interest charged to bodies under the aegis of my Department by financial institutions in the period specified are set out in the tables below.

* The OPW paid negative interest to the Central Bank up to 2017 before moving to an Irish commercial bank, with no negative interest paid since

The Deputy may wish to note that since the commencement of the National Lottery licence, the ORNL has been charged interest of €1,422,596 for the National Lottery Fund, which is managed and controlled by the National Lottery Regulator. The National Lottery Fund is held at the Central Bank of Ireland (CBI) and the interest has been paid to the Central Bank.

The Deputy may also wish to note that I have been advised by the Public Appointments Service (PAS) that due to construction work at their offices, the statements of a PAS bank account for the period 2014-2019 temporarily cannot be accessed. Following the imminent completion of this work, PAS will write to the Deputy with the details of any negative interest charged during this period.