Dublin City Council has confirmed that there were no thefts or vandalism to bicycles used in the Dublinbikes scheme, which started yesterday.
A spokeswoman for the council said 1,150 bike journeys were made on the first day of the scheme and said there were no reports of damage to the bikes.
The council has 450 bicycles available from 40 stations between the Royal and the Grand canals.
Cyclists can register online for annual membership using a credit card at a cost of €10 or can pay with a credit card at 14 of the stations for a three-day €2 ticket.
Rental is then free for half an hour and costs 50 cent for the first hour, rising to €6.50 for four hours. The bikes are available from 5.30am to 12.30am.
The scheme is being funded by advertising agency JC Decaux in exchange for advertising space in the capital.