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National Debt

Dáil Éireann Debate, Wednesday - 11 February 2015

Wednesday, 11 February 2015

Ceisteanna (52, 53)

Michael McGrath

Ceist:

52. Deputy Michael McGrath asked the Minister for Finance if he will provide, in tabular form, details of the interest incurred on the gross national debt for each year from 2010 to 2014 under the headings State savings schemes, benchmark bonds, amortising bonds, floating rate bonds, European Financial Stability Facility loans, European Financial Stabilisation Mechanisation loans, European Union bilateral loans, International Monetary Fund loans, short-term debt and other interest paid; and if he will make a statement on the matter. [6337/15]

Amharc ar fhreagra

Michael McGrath

Ceist:

53. Deputy Michael McGrath asked the Minister for Finance if he will provide, in tabular form, a breakdown of the interest received from cash and other financial assets that are offset against the gross national debt, to arrive at the national debt figure for each year from 2010 to 2014; and if he will make a statement on the matter. [6338/15]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 52 and 53 together.

The National Treasury Management Agency has provided the following figures which for 2014 are provisional, unaudited figures at this point.

The figures presented in the table represent National Debt cash interest only.

The figures in the table reflect the impact of hedging transactions.

Table: National Debt Interest 2010-2014

€ million

2010

2011

2012

2013

2014

Treasury Bonds

3,175

4,106

4,075

4,446

4,128

Floating Rate Bonds

0

0

0

638

755

Amortising Bonds

0

0

0

44

83

Total Bonds

3,175

4,106

4,075

5,129

4,966

State Savings Schemes

199

209

284

350

394

EFSF

0

67

117

373

405

EFSM

0

112

413

665

661

Bilaterals

0

4

35

66

75

IMF

0

25

803

800

1,025

Total EU/IMF Programme

0

207

1,369

1,905

2,166

Short-term Debt

197

216

39

25

15

Other

23

42

42

40

49

Exchequer Account & other operational balances

-83

-94

-55

-13

-10

Deposits including collateralised deposits & others

-9

-61

-2

-52

-45

HFA Guaranteed Notes/Non-Irish Treasury-Bills

-11

-77

-72

-60

-69

Total Interest Receivable

-103

-232

-129

-125

-124

Total National Debt Interest

3,492

4,548

5,679

7,324

7,466

Rounding may affect totals

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