NTMA completes first tranche of early repayment of IMF loan facility

19 December 2014 -The National Treasury Management Agency announces that it has completed the first tranche of early repayment of Ireland's IMF loan facility. The total repayment of €9 billion was made over two dates, 10 and 17 December, and represents almost 40 per cent of Ireland's €22.5 billion IMF loan facility.

These repayments discharge all scheduled IMF principal repayment obligations that were originally to fall due from July 2015 to July 2018. Subsequent early repayments, planned for 2015, will target later scheduled repayment dates up to January 2021.

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