Statement of Movement in National Debt
Year Ended 31 December
| Note | 2015 €m |
2014 €m |
|
|---|---|---|---|
| Opening National Debt | 14 | 182,309 | 173,946 |
| Increase in National Debt (nominal) | 756 | 8,363 | |
| Closing National Debt | 14 | 183,065 | 182,309 |
| Increase in National Debt (nominal) represented by: | |||
| Exchequer Deficit | 64 | 8,189 | |
| Effect of Foreign Exchange Rate Movements | [7] | [3] | |
| Net Premium on Medium/Long-Term Loans | 10 | 7 | |
| Net Premium on Bond Issuances and Cancellations | 689 | 170 | |
| 756 | 8,363 |
The accompanying notes form an integral part of the financial statements.
On behalf of the Agency
Conor O'Kelly, Chief Executive
National Treasury Management Agency
Willie Walsh, Chairperson
National Treasury Management Agency
24 May 2016