In reply to a parliamentary question by Joan Burton TD, the Minister for Finance today committee to publishing details tomorrow of the National Solidarity Bond programme announced on budget day.

The bonds are to be available for sale from next Tuesday, May 4th, through the national network of 1,200 post offices.

DÁIL QUESTION

NO 111

To ask the Minister for Finance when he expects the National Solidarity Bonds, as announced in Budget 2010, to be available for subscription; and if he will make a statement on the matter.

– Jack Wall. (Nominated by: Joan Burton).
For ORAL answer on Wednesday, 28th April, 2010
Ref No: 17218/10

REPLY

Minister for Finance ( Mr Lenihan) : In Budget 2010, I announced our intention to launch a National Solidarity Bond, the purpose of which is to allow citizens an opportunity to invest and provide money to the State to stimulate economic recovery and to assist in the maintenance and creation of employment. I provided the necessary legislative basis in this year’s Finance Act and I am now happy to inform the House that I will announce details of the National Solidarity Bond tomorrow evening, Thursday 29 April.

Brochures, application forms, terms and conditions and Frequently Asked Questions will be available on the internet and there will be a dedicated telephone line where additional information will be available.

After the May Bank Holiday weekend, commencing Tuesday 4 May, the National Solidarity Bond will be available for subscription through the network of 1,200 Post Offices.