National Treasury Management Agency
Irish: Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
State Agency of the Department of Finance overview
Formed1 December 1990 (1990-12-01)
JurisdictionIreland
HeadquartersTreasury Dock, North Wall Quay, Dublin 1, D01 A9T8
State Agency of the Department of Finance executive
  • Frank O'Connor, Chief Executive
WebsiteNTMA website

The National Treasury Management Agency (NTMA; Irish: Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta, GBCN) is the agency that manages the assets and liabilities of the Government of Ireland. It was established on 1 December 1990 to borrow for the Central Fund and manage the national debt. Since then it has been expanded greatly, for example it now manages the National Pensions Reserve Fund and acts as Ireland's agent for the purchase of carbon credits. Following the RTÉ secret payment scandal, the Government of Ireland agreed to add RTÉ to the list of commercial State sector companies subject to the formal oversight of the National Treasury Management Agency (NTMA)’s NewEra unit.[1]

The National Asset Management Agency was established in December 2009 under the aegis of the agency to handle the Irish financial crisis and the deflation of the Irish property bubble.

Ireland Strategic Investment Fund

The NTMA also handles[2] the €8.1 billion Ireland Strategic Investment Fund (ISIF; Irish: An Ciste Infheistíochta Straitéisí d’Éirinn, GBCN),[3] a sovereign wealth fund established on 22 December 2014.[4]

Formed using the remaining assets of the National Pensions Reserve Fund, ISIF has a statutory mandate to invest in a fashion designed to support Ireland's employment and economic activity.[5]: 25 

See also

References

  1. ↑ "Government to bring RTÉ under NTMA's NewEra unit". Irish Times. Retrieved 5 July 2023.
  2. ↑ "Ireland Strategic Investment Fund". National Treasury Management Agency. Retrieved 31 January 2017.
  3. ↑ "Home". Ireland Strategic Investment Fund. Retrieved 31 January 2017.
  4. ↑ "NPRF - Home Page". Retrieved 31 January 2017.
  5. ↑ Liu, Zongyuan Zoe (2023). Sovereign Funds: How the Communist Party of China Finances its Global Ambitions. The Belknap Press of Harvard University Press. ISBN 9780674271913.


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