6. Interest (Expense)/Income
The following disbursements were made from the Fund during the year:
| Investment and Disbursements Account €000 |
Reserve Account €000 |
2016 €000 |
2015 €000 |
|
|---|---|---|---|---|
| Bond Holding | - | - | - | 29 |
| Commercial Term Deposits | 73 | 16 | 89 | 550 |
| Cash at Central Bank | (85) | (60) | (145) | (111) |
| (12) | (44) | (56) | 468 |
The negative return on Central Bank deposits in 2016 re ects the prevailing negative interest rates charged in respect of cash balances held on deposit.