Dáil Éireann Debate, Wednesday - 10 December 2025
166. 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 outside the European Union; and if he will make a statement on the matter. [70724/25]
Amharc ar fhreagraI have interpreted the Deputy's question as relating to the holdings in euro 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 €7,844,393,000 of holdings in foreign jurisdictions* outside the EU. Further details can be found in the 2024 Central Bank of Ireland Annual Report and Performance Statement.
The NTMA have informed me that the Exchequer did not hold any assets from foreign jurisdictions outside the European Union at end-December 2024.
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, €2.7bn was invested in assets domiciled outside of the European Union.
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 and the Infrastructure, Climate and Nature Fund did not hold any assets from foreign jurisdictions outside the European Union.
*Foreign jurisdictions outside the EU’ was taken to mean all holdings by issuers outside of the Eurosystem that are held in the Bank’s investment portfolio .The Bank’s monetary policy holdings, IMF assets, and pension assets were excluded from the above analysis.
