Eoin Ó Broin
Ceist:165. Deputy Eoin Ó Broin asked the Tánaiste and Minister for Finance the total value in euros of assets which the State owns in foreign jurisdictions; and if he will make a statement on the matter. [70723/25]
Amharc ar fhreagraWednesday, 10 December 2025
Ceisteanna (165)
Freagraí scríofa
I have interpreted the Deputy's question as relating to the holdings of relevant bodies under my aegis - the Central Bank of Ireland and the National Treasury Management Agency (NTMA).
As per the Central Bank’s Annual Report for the year ending 2024, the Central Bank’s balance sheet held €18,286,656,000 of foreign holdings in foreign jurisdictions*. Further details can be found in the 2024 Central Bank of Ireland Annual Report and Performance Statement.
The NTMA have informed me that at end-December 2024, the Exchequer had cash and other liquid assets totalling €34.3bn. Of that total, €14.9bn was invested in Treasury Bills issued by European sovereigns and supra-national agencies.
As per the 2024 NTMA Annual Report, at end-December 2024 ISIF’s Discretionary Portfolio (€8.9bn) was comprised of assets in the Global Portfolio (€5bn) and Irish Portfolio (€3.9bn). With respect to the €5bn in the Global Portfolio, €3.6bn was invested in assets domiciled in foreign jurisdictions.
The jurisdiction of individual investments in the Irish Portfolio is not listed in the Annual Report; however, each investment has a “double bottom line” mandate to invest on a commercial basis in a manner designed to support economic activity and employment in Ireland. Detail of all underlying holdings in the Discretionary Portfolio is available in the Portfolio of Investments of the NTMA’s Annual Report for the year ended 2024 (page 287).
At end-December 2024, the Future Ireland Fund held €8.4bn in bonds issued by European sovereigns and supra-national agencies. At end-December 2024, the Infrastructure, Climate and Nature Fund held €2bn in bonds issued by European sovereigns and supra-national agencies.
*Foreign jurisdictions’ was taken to mean all holdings by issuers outside of Ireland that are held in the Bank’s investment portfolio. The Bank’s monetary policy holdings, IMF holdings, and pension holdings were excluded from the below analysis.