Statement of Movement in National Debt

Year Ended 31 December

Note 2015
€m
2014
€m
Opening National Debt 14 182,309 173,946
Increase in National Debt (nominal) 756 8,363
Closing National Debt 14 183,065 182,309
Increase in National Debt (nominal) represented by:
Exchequer Deficit 64 8,189
Effect of Foreign Exchange Rate Movements [7] [3]
Net Premium on Medium/Long-Term Loans 10 7
Net Premium on Bond Issuances and Cancellations 689 170
756 8,363

The accompanying notes form an integral part of the financial statements.

On behalf of the Agency

Conor O'Kelly, Chief Executive
National Treasury Management Agency

Willie Walsh, Chairperson
National Treasury Management Agency

24 May 2016