Kevin Humphreys (Dublin South East, Labour)
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To ask the Minister for Finance the reason that Exchequer debt servicing costs were €105 million lower in March compared to the profile of €1,997; and if he will make a statement on the matter. [17208/13]

Michael Noonan (Limerick City, Fine Gael)
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Exchequer debt interest expenditure at end-March, at €1,892 million was €105 million less than profiled in the Exchequer Borrowing Requirement (EBR) profile published by my Department on 4 March, alongside the end-February Exchequer Returns.

This difference is primarily due to a timing issue around an interest payment on a loan from the European Financial Stability Facility (EFSF) which is expected to largely balance out this month.