Dáil Éireann Debate, Tuesday - 26 May 2026
441. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance the share of the ISIF directed portfolio that is currently stored in Irish sovereign debt instruments; the annual interest rate on the debt instruments; and if he will make a statement on the matter. [38967/26]
View answerThe end 2024 value of ISIF’s Directed Portfolio was €7.7bn and the unaudited end 2025 value of the Directed Portfolio was €6.4bn. Since the end of 2025 the value of the portfolio has been further reduced due to drawdowns to the Exchequer on foot of Directions from the Minister for Finance.
Following the disposals of the state’s holdings in AIB the majority of the Directed Portfolio is held in Exchequer Notes.
ISIF discloses the Directed Portfolio's total interest income in its financial statements but it does not disclose the terms of individual investments. As set out in the 2024 Financial Statements, the interest income earned during 2024 on the Directed Portfolio was €126 million.
The end 2025 position will be disclosed in the 2025 Financial Statements which will be published in the coming months.
