Ruth Coppinger (Dublin West, Anti-Austerity Alliance)
Link to this: Individually | In context | Oireachtas source

277. To ask the Minister for Finance if he will provide a breakdown of the projected total cost of the general Government debt in 2016, including interest payments and repayments of principal. [25356/16]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The latest estimate of General Government interest expenditure for 2016 is €6.3 billion.

The latest estimate of General Government debt for end-2016 is just under €204 billion.

The main repayment of principal in 2016 was in respect of 4.6% Treasury Bond 2016. This bond matured on 18 April 2016. The principal redemption amount on that date was €7.28 billion. €0.85 billion of this bond had previously been purchased and cancelled by the National Treasury Management Agency (NTMA) on 29 February 2016.

Sources: Stability Programme Update (SPU) April 2016, NTMA