asked the Minister if he will quantify the increased charge to the Exchequer in 1986 arising from (a) a 1 per cent rise in domestic interest rates, (b) a 1 per cent rise in international interest rates.
Written Answers. - Debt-Servicing Costs.
154.
I take it that the Deputy is referring to debt-servicing costs. The increased charge would depend on the timing and duration of the interest increases, on the amounts of variable rate domestic and foreign debt outstanding at the time and the amounts of new borrowing undertaken at the higher rates.