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Exchequer Funding Needs and Sources

NTMA publishes Annual Funding Plan for 2024

Exchequer Funding Needs & Sources 2024

  • This information is also available in tabular format
    • €bn2024 Funding Needs2024 Funding Sources
      Bonds

      8.1

      8.0

      Net Short-Term Paper

      8.0

      0.0

      EFSM

      0.8

      0.0

      EBR

      0.0

      1.8

      Net Other

      		1.0

      0.0

      NOTES 2024

      Figures are estimates, as of January 2024. Rounding may affect totals.

      1. In the Funding Sources column, €8bn is reflected indicatively for bonds as it is the mid-point of the €6bn to €10bn bond funding range announced for 2024 on 30 November 2023.

      2. Net Short-Term Paper (STP) outflows are primarily related to the expected dissolution of the National Reserve Fund and transfer of funds to the Future Ireland Fund and Infrastructure, Climate and Nature Fund.

      3. EBR is the Budget 2024 estimate of the 2024 Exchequer Borrowing Requirement, which is forecast to be in surplus.

    • Exchequer Funding Needs & Sources 2023

  • This information is also available in tabular format
    • €bn2023 Funding Needs2023 Funding Sources
      Bonds

      7.0

      6.5

      EFSM

      2.0

      0.0

      FRN Purchases

      3.5

      0.0

      Net Short-Term Paper

      0.0

      7.5

      EBR

      0.0

      1.2

      Net Other

      1.1

      0.0

      NOTES 2023

      Provisional outturn figures; rounding may affect totals.

      1. Bonds Funding Sources figure reflects the cash proceeds from syndications and auctions, including non-competitive auctions.

      2. Net Short-Term Paper inflows in 2023 were primarily investments by other public sector bodies, including the National Reserve Fund.