Skip to content

Funding of Exchequer Balance

FUNDING OF EXCHEQUER BALANCE TO END-NOVEMBER 2018
€m€m€m
A. EXCHEQUER BORROWING REQUIREMENT (EBR): +/- figure represents Exchequer surplus/deficit1,919
Net Funding: +/- figures represent borrowings/repayments
1. Medium & Long Term (MLT) Debt
Irish Government Bonds2,820
Other MLT Debt265
Total MLT Debt3,085
2. Short-term Paper (STP) - including Treasury Bills, Exchequer Notes and Commercial Paper4,154
3. State Saving Schemes/Retail21
4. Borrowing from/Repayment to Ministerial Funds & SPEM Surplus386
B. TOTAL NET FUNDING7,647
CHANGE IN EXCHEQUER CASH AND OTHER FINANCIAL (INCLUDING NON-LIQUID) ASSETS - (A + B)*9,566

Rounding may affect totals. 2018 figures are unaudited.

CHANGE IN EXCHEQUER CASH AND OTHER FINANCIAL ASSETS: END-DECEMBER 2017 v END-NOVEMBER 2018
End-December 2017End-November 2018Change
Exchequer Cash and Other Liquid Short-term Investments*€m€m€m
Exchequer Account10,53320,3239,790
Other Liquid Assets000
Total Exchequer Cash and Other Liquid Short-term Investments**10,53320,3239,790
End-December 2017End-November 2018Change
Non-Liquid Assets***€m€m€m
Housing Finance Agency (HFA) Guaranteed Notes1,7421,862119
CSA Collateral Funding / Other942598-343
Total Other (Non-Liquid) Financial Assets2,6842,460-224
End-December 2017End-November 2018Change
€m€m€m
TOTAL EXCHEQUER CASH AND OTHER FINANCIAL ASSETS^ (AS IN TABLE ABOVE)13,21722,7839,566

Rounding may affect totals.  2018 figures are unaudited.

Notes:
* Excludes Capital Services Redemption Account (CSRA).

**Readily realisable Exchequer cash and other liquid short-term investments totalled €20.3bn at end-November 2018 and €10.5bn at end-December 2017. 

***These assets classes are deemed non-liquid as they are not readily realisable.