70. Deputy Brendan Smith asked the Minister for Finance if he will clarify the matter of recent drop in deposit interest rate by An Post and if he will explain the reason this is justified; if savings of Irish savers are no longer required since the Euro financial crisis and general liquidity has improved somewhat; if we now want to raise borrowings at more expensive rates on the international bond market; if we are trying to divert Irish savers to some other product; if he will explain the drop which is way ahead of recent trends in the market; and if he will make a statement on the matter. [2145/13]

Summary

70. Deputy Brendan Smith asked the Minister for Finance if he will clarify the matter of recent drop in deposit interest rate by An Post and if he will explain the reason this is justified; if savings of Irish savers are no longer required since the Euro financial crisis and general liquidity has improved somewhat; if we now want to raise borrowings at more expensive rates on the international bond market; if we are trying to divert Irish savers to some other product; if he will explain the drop which is way ahead of recent trends in the market; and if he will make a statement on the matter. [2145/13]

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• Deposit Interest Rates

  xml · EN · 17 January 2013

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