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Dáil Éireann debate -
Tuesday, 5 May 1992

Vol. 419 No. 1

Written Answers. - State Guaranteed Debt.

John Bruton

Question:

71 Mr. J. Bruton asked the Minister for Finance if he will outline the level of actual debt whose repayment is guaranteed by him outstanding by each semi-State body; and if this debt is included in the definition of Government debt for the purpose of Article 104C of the Maastricht Treaty.

The State guaranteed debt of each semi-State body outstanding as at 31 December 1991 (the most recent date for which figures are available) was as follows:

Body

£M

Industrial Credit Corporation

881.8

Electricity Supply Board

648.0

ACC Bank plc

639.6

Irish Telecommunications

Investments plc

571.3

Housing Finance Agency

433.3

Nitrigin Éireann Teoranta

171.7

Bord na Móna

163.4

Coras Iompair Éireann

154.0

Bord Gáis Éireann

46.2

Air Companies

23.8

B & I Line

19.5

Aer Rianta

15.6

Irish Steel

11.0

Temple Bar Properties Ltd.

5.0

Total

3,784.2

The debt of semi-State bodies guaranteed by the State is not included in the definition of Government debt for the purpose of Article 104C of the Maastricht Treaty.
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