Dáil Éireann Debate, Wednesday - 18 April 2012
186 Deputy Robert Dowds asked the Minister for Finance the amount of Government borrowing for the years 2002 to 2008 inclusive; from which institutions this borrowing came; and the cost of paying back that borrowing and the timeline for doing same. [18871/12]
View answerThe National Treasury Management Agency issues Irish Government Bonds sold on the international capital markets to fund the Exchequer Borrowing requirement and to refinance maturing debt. Because of the mechanisms by which Government bonds are issued and traded, it is not possible to identify the holders of the debt issued. The table below shows the nominal amounts of Irish Government Bonds issued in the period 2002 to 2008 along with the interest rate which is payable each year on the coupon date to the maturity date on which the nominal amount borrowed is repaid.
|
Year |
Borrowed Nominal € million |
Coupon Rate |
Maturity Date |
|
2002 |
751 |
4.60% |
18/04/2016 |
|
2002 |
6,400 |
4.25% |
18/10/2007 |
|
2002 |
7,570 |
5.00% |
18/04/2013 |
|
2003 |
5,126 |
3.25% |
18/04/2009 |
|
2003 |
1,398 |
4.60% |
18/04/2016 |
|
2003 |
1,380 |
5.00% |
18/04/2013 |
|
2004 |
20 |
3.25% |
18/04/2009 |
|
2004 |
5,630 |
4.50% |
18/04/2020 |
|
2005 |
29 |
3.25% |
18/04/2009 |
|
2005 |
1,440 |
4.50% |
18/04/2020 |
|
2005 |
60 |
4.60% |
18/04/2016 |
|
2007 |
6,000 |
4.50% |
18/10/2018 |
|
2008 |
7,000 |
4.40% |
18/06/2019 |
|
2008 |
4,000 |
4.00% |
11/11/2011 |
*Data supplied by NTMA
