Dáil Éireann Debate, Tuesday - 13 January 2026
857. Deputy Rory Hearne asked the Tánaiste and Minister for Finance his plans to utilise State Savings products to support housing delivery; the expected level of funding to come through the ISS for housing delivery; and if he will make a statement on the matter. [1631/26]
View answerThe National Treasury Management Agency (NTMA) have informed me that Ireland State Savings (ISS) offers the public a variety of Government-backed, secure savings products, including fixed-term bonds, Prize Bonds, and Instalment Savings Schemes.
Managed by the NTMA, these products provide a safe way to save directly with the Irish Government and are 100% protected by the State. Savings invested in this way are available to the Exchequer to fund Government expenditure and remain an important and dependable component of the mix of Government borrowing which help fund expenditure by the State.
This includes supporting the delivery of housing which, as the Deputy is aware, is funded by direct and indirect expenditure and via borrowing, where required.
Arising from a commitment in Housing for All ISS are in the process of preparing publications to better explain the role State savings play in the overall funding of housing delivery.
It is worth noting that State savings proceeds are fungible and are not sourced or hypothecated for any specific expenditure purpose. Thus, the resources from state savings can be used as required by the State.
