Written answers

Wednesday, 13 January 2021

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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239. To ask the Minister for Finance the proportion of the national debt that is held by Irish bondholders; the proportion held by non-Irish bondholders; and if he will make a statement on the matter. [1251/21]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am informed by the National Treasury Management Agency that, at end-2020 total Gross National Debt stood at €219.5 billion. The table below details the composition of Ireland’s Gross National Debt at end-December 2020, including that Government bonds accounted for €136.8 billion or 62.3%. This Government bonds figure includes fixed rate treasury bonds, amortising bonds, inflation linked bonds and Floating Rate Notes.

Table 1 - Gross National Debt composition as at 31 December 2020

€bn % of TOTAL
Government Bonds 136.8 62.3
EU & UK Bilateral Loans 41.4 18.9
State Savings Products 18.8 8.6
Short Term Paper 14.0 6.4
Other Medium and Long Term Debt 4.1 1.9
Borrowing from Ministerial Funds 4.3 2.0
TOTAL 219.5 100.0

Please note that the figures in Table 1 are provisional outturn figures.

The Central Bank of Ireland (CBI) publishes a statistical table on holdings of Irish Government Bonds on a monthly basis (available here: ).

The figures published on the CBI website, at end-November 2020, indicate that Irish Residents held €65.0 billion (nominal value) of Irish Government bonds while Non-Residents held €71.3 billion (nominal value) of Irish government bonds. CBI have indicated that these figures do not include inflation-linked bonds, which were issued as private placements.

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