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Funding of Exchequer Balance

FUNDING OF EXCHEQUER BALANCE TO END-FEBRUARY 2017
€m€m€m
A. EXCHEQUER BORROWING REQUIREMENT (EBR): +/- figure represents Exchequer surplus/deficit587
Net Funding: +/- figures represent borrowings/repayments
1. Medium & Long Term (MLT) Debt
Irish Government Bonds4,737
Other MLT Debt4
Total MLT Debt4,741
2. Short-term Paper (STP) - including Treasury Bills, Exchequer Notes and Commercial Paper1,428
3. State Saving Schemes/Retail58
4. Borrowing from/Repayment to Ministerial Funds-42
B. TOTAL NET FUNDING6,185
CHANGE IN EXCHEQUER CASH AND OTHER FINANCIAL (INCLUDING NON-LIQUID) ASSETS - (A + B)*6,772

Rounding may affect totals. Figures are unaudited.

CHANGE IN EXCHEQUER CASH AND OTHER FINANCIAL ASSETS: END-DECEMBER 2016 v END-FEBRUARY 2017
End-December 2016End-February 2017Change
Exchequer Cash and Other Liquid Short-term Investments*€m€m€m
Exchequer Account8,38515,1346,749
Deposits, Non-Irish Treasury Bills and Other Liquid Assets199184-15
Total Exchequer Cash and Other Liquid Short-term Investments**8,58415,3186,734
End-December 2016End-February 2017Change
Non-Liquid Assets***€m€m€m
Housing Finance Agency (HFA) Guaranteed Notes2,0322,07341
CSA Collateral Funding / Other502498-4
Total Other (Non-Liquid) Financial Assets2,5342,57238
End-December 2016End-February 2017Change
€m€m€m
TOTAL EXCHEQUER CASH AND OTHER FINANCIAL ASSETS* (AS IN TABLE 1 ABOVE)11,11817,8906,772

Rounding may affect totals. 2016 figures are unaudited.

Notes:
*Excludes change in balance of Capital Services Redemption Account (CSRA).

**Readily realisable Exchequer cash and other liquid short-term investments totalled €15.3bn at end-February 2017 and €8.6bn at end-December 2016. .

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