asked the Minister for Finance (a) the amount of each currency which makes up the national debt domestic and external at present; and (b) the total exchange losses on the external component of the national debt for the first six months of 1984.
Written Answers. - National Debt.
504.
(a) The national debt at 30 September 1984 is estimated at £17,720 million of which £9,753 million is denominated in Irish pounds and £7,967 million in foreign currencies. The foreign currency component is made up as follows:
|
Currency |
IR£million |
|
Dollar |
3,197 |
|
Deutsche Mark |
2,294 |
|
Sterling |
788 |
|
Yen |
748 |
|
Swiss Franc |
517 |
|
Dutch Guilder |
239 |
|
ECU |
90 |
|
Belgian/Lux Franc |
32 |
|
Others |
62 |
|
7,967 |
(b) For the first six months of 1984 it is estimated that exchange rate movements resulted in an increase in the foreign component of the national debt, when expressed in Irish pound terms, of approximately £140 million. Any losses/gains due to exchange rate movements would be realised only when the foreign currency debt is paid off.