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Exchequer Funding Needs and Sources

EXCHEQUER FUNDING REQUIREMENTS & SOURCES 2017
€€bn
Opening (End-2016) Exchequer Cash & Other Liquid Short-Term Investments Balance (Note 1)8.6
2017 Funding Requirements
Exchequer Borrowing Requirement (EBR) (Note 2)2.1
Bond Maturities (Note 3)6.2
Other (Note 4)3.7
TOTAL12.0
2017 Funding Sources
Government Bonds (Note 5)11.0
Net Short-term Paper (STP)1.6
Other Funding Sources (Note 6)0.4
Change in Exchequer Cash & Other Liquid Short-Term Investments (- is an increase)-1.0
TOTAL12.0
Projected Closing (End-2017) Exchequer Cash & Other Liquid Short-Term Investments Balance9.6

Figures are estimates, as of April 2017.
Rounding may affect totals.

Notes:
1. Excludes non-liquid financial asset classes such as Housing Finance Agency (HFA) Guaranteed Notes and CSA Collateral Funding.

2. Department of Finance SUP 2017 estimate.

3. Includes Amortising Bonds.

4. Includes general contingencies and potential bond purchases.

5. Planned Government bond issuance in 2017 is €9 – €13bn; €11bn is used as an indicative figure in this presentation.

6. Includes net State Savings (Retail).