Written answers
Wednesday, 13 January 2021
Department of Finance
National Debt
Richard 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]
Paschal 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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