Ruth Coppinger (Dublin West, Anti-Austerity Alliance)
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186. To ask the Minister for Finance the estimated amount of money which will be paid in interest and in repayment of the principal on the national debt in each of the years 2016 to 2020. [26899/16]

Michael Noonan (Limerick City, Fine Gael)
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The NTMA has outlined the current forecasts for principal and interest payments in respect of the National Debt over the coming period. The data requested by the Deputy is reflected in the following table.

The "repayment of the principal" figures reflect Government bonds and EU/IMF Programme loan facilities only.

The forecast interest expenditure figures relate to the General Government Debt and are from the time of the Summer Economic Statement in June. Forecasts for General Government debt and  interest will be updated in Budget 2017, to be published 11th October

Notes:

1. Reflects Government Bond and EU/IMF Programme Maturities as at end-August 2016. Figures include the effect of currency hedging transactions.

2. From time of Summer Economic Statement, June 2016.

3. Includes the end-February 2016 €0.85 billion purchase and cancellation of the 4.6% Treasury Bond 2016 which matured in April 2016. The principal redemption amount on the date of maturity was €7.28 billion. No other bond purchases included.

4. Excludes €3.9 billion of EFSM maturities as these are due to be extended following the maturity extensions granted in mid-2013.