Skip to content

Funding of Exchequer Balance

FUNDING OF EXCHEQUER BALANCE TO END-OCTOBER 2017
€m€m€m
A. EXCHEQUER BORROWING REQUIREMENT (EBR): +/- figure represents Exchequer surplus/deficit326
Net Funding: +/- figures represent borrowings/repayments
1. Medium & Long Term (MLT) Debt
Irish Government Bonds4,329
Other MLT Debt152
Total MLT Debt4,481
2. Short-term Paper (STP) - including Treasury Bills, Exchequer Notes and Commercial Paper1,587
3. State Saving Schemes/Retail83
4. Borrowing from/Repayment to Ministerial Funds-91
B. TOTAL NET FUNDING6,060
CHANGE IN EXCHEQUER CASH AND OTHER FINANCIAL (INCLUDING NON-LIQUID) ASSETS - (A + B)^6,385

Rounding may affect totals. Figures are unaudited.

CHANGE IN EXCHEQUER CASH AND OTHER FINANCIAL ASSETS: END-DECEMBER 2016 v END-OCTOBER 2017
End-December 2016End-October 2017Change
Exchequer Cash and Other Liquid Short-term Investments*€m€m€m
Exchequer Account8,38514,6776,293
Other Liquid Assets19925-174
Total Exchequer Cash and Other Liquid Short-term Investments**8,58414,7026,119
End-December 2016End-October 2017Change
Non-Liquid Assets***€m€m€m
Housing Finance Agency (HFA) Guaranteed Notes2,0321,917-115
CSA Collateral Funding / Other502884381
Total Other (Non-Liquid) Financial Assets2,5342,801267
End-December 2016End-October 2017Change
€m€m€m
TOTAL EXCHEQUER CASH AND OTHER FINANCIAL ASSETS^ (AS IN TABLE ABOVE)11,11817,5036,385

Rounding may affect totals. 2017 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 €14.7bn at end-October 2017 and €8.6bn at end-December 2016.

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