Dáil Éireann Debate, Wednesday - 6 May 2026
240. Deputy Emer Currie asked the Tánaiste and Minister for Finance the total amount invested in the Infrastructure, Climate and Nature Fund; the amount of this fund invested in US government bonds; and if he will make a statement on the matter. [33041/26]
View answer241. Deputy Emer Currie asked the Tánaiste and Minister for Finance the total amount invested in the Future Ireland Fund; the amount of this fund invested in US government bonds; and if he will make a statement on the matter. [33042/26]
View answerI propose to take Questions Nos. 240 and 241 together.
I am informed by the National Treasury Management Agency (NTMA) that the Future Ireland Fund (FIF) was valued at approximately €12.7 billion as of 31st December 2025. The Infrastructure, Climate and Nature Fund (ICNF) was valued at approximately €4.1 billion on the same date.
Detailed holdings as at 31st December 2025 have not yet been published for either fund and will be included in the NTMA’s Annual Report, which is due to be published in the coming months.
At 31st December 2024, neither the FIF nor the ICNF held any US government bonds. During 2024, each fund was invested in accordance with their respective interim investment strategies which restricted investments to the following permitted euro-denominated assets:
Sovereign debt, limited to debt issued or guaranteed by a central government in the Euro-Area
Quasi-sovereign debt limited to:
• Debt issued by a region, province, state or city
• Debt issued by an international government organisation
• Debt issued by a government agency, or supranational
Cash
A detailed schedule of investments held by the FIF and the ICNF, as at 31st December 2024, is published in the NTMA’s 2024 Annual Report, which is available on the Agency's website.
