The 2015 Annual Report of the CBoI is available here.
There is lots in the report but one point that should be noted is that the €1.8 billion transfer from the Central Bank’s surplus to the Exchequer comes mainly from transactions with the Exchequer itself (interest income) and the NTMA (capital gains on bond sales) so is circular in nature.
2 replies on “Central Bank Annual Report”
Draghi on the reason for low interest rates.
Not a view that Schaeuble would agree with!
Also of interest!
To paraphrase Bernard Shaw (or, possibly, Oscar Wilde), American and European economists, are divided by a common education.