asked the Minister for Finance the amount of interest paid on foreign public debt in 1975 and the interest or estimated interest where necessary in each of the years from 1980 to 1985; and the percentage rate of interest on the average foreign debt outstanding in each year.
Written Answers. - Public Debt Figures.
591.
The information requested by the Deputy is estimated to be as follows:
|
Year |
Interest Paid on Exchequer Foreign Debt IR£m. |
Percentage Rate of Interest on Average Foreign Debt |
|
1975 |
33 |
7.1% |
|
1980 |
164 |
8.7% |
|
1981 |
250 |
8.3% |
|
1982 |
516 |
11.4% |
|
1983 |
579 |
9.4% |
|
1984 |
702 |
9.4%* |
*Provisional pending publication of definitive figures for the national debt in the Finance Accounts.
It is not possible, at this stage, to break down the 1985 interest figure into its domestic and foreign components. This will depend, in part, on the level of borrowing from both these sources in 1985.
592.
asked the Minister for Finance the amount of interest paid on domestic public debt in 1975 and the amount estimated where necessary paid in each of the years from 1980 to 1985; and the percentage rate of interest on the average domestic debt outstanding in each year.
The information requested by the Deputy is estimated to be as follows:—
|
Year |
Interest Paid* on Exchequer Domestic Debt |
Percentage Rate of Interest on Average Domestic Debt |
|
IR£m |
||
|
1975 |
164 |
8.6% |
|
1980 |
536 |
10.0% |
|
1981 |
687 |
11.4% |
|
1982 |
807 |
11.6% |
|
1983 |
985 |
12.1% |
|
1984 |
1044 |
10.8%** |
*These figures include interest payments which were met from the Supply Services, in addition to those charged on Central Fund Services.
**Provisional pending publication of definitive figures for the national debt in the Finance Accounts.
It is not possible, at this stage, to break down the 1985 interest figure into its domestic and foreign components. This will depend, in part, on the level of borrowing from both these sources in 1985.