Skip to content

Funding of Exchequer Balance

FUNDING OF EXCHEQUER FUNDING OF EXCHEQUER BALANCE TO END-JULY 2018
€m€m€m
A. EXCHEQUER BORROWING REQUIREMENT (EBR): +/- figure represents Exchequer surplus/deficit-277
Net Funding: +/- figures represent borrowings/repayments
1. Medium & Long Term (MLT) Debt
Irish Government Bonds8,353
Other MLT Debt86
Total MLT Debt8,438
2. Short-term Paper (STP) - including Treasury Bills, Exchequer Notes and Commercial Paper5,187
3. State Saving Schemes/Retail10
4. Borrowing from/Repayment to Ministerial Funds358
B. TOTAL NET FUNDING13,994
CHANGE IN EXCHEQUER CASH AND OTHER FINANCIAL (INCLUDING NON-LIQUID) ASSETS - (A + B)*13,716

Rounding may affect totals. Figures are unaudited.

CHANGE IN EXCHEQUER CASH AND OTHER FINANCIAL ASSETS: END-DECEMBER 2017 v END-JULY 2018
End-December 2017End-July 2018Change
Exchequer Cash and Other Liquid Short-term Investments*€m€m€m
Exchequer Account10,53324,45413,921
Other Liquid Assets000
Total Exchequer Cash and Other Liquid Short-term Investments**10,53324,45413,921
End-December 2017End-July 2018Change
Non-Liquid Assets***€m€m€m
Housing Finance Agency (HFA) Guaranteed Notes1,7421,7431
CSA Collateral Funding / Other942736-205
Total Other (Non-Liquid) Financial Assets2,6842,480-205
End-December 2017End-July 2018Change
€m€m€m
TOTAL EXCHEQUER CASH AND OTHER FINANCIAL ASSETS^ (AS IN TABLE ABOVE)13,21726,93313,716

Rounding may affect totals.  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 €24.5bn at end-July 2018 and €10.5bn at end-December 2017.

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