Statement of Movement in National Debt
For the year ended 31 December 2016
Note | 2016 €m |
2015 €m |
|
---|---|---|---|
National Debt at 1 January | 14 | 183,065 | 182,309 |
Increase in National Debt (nominal) | 2,545 | 756 | |
National Debt at 31 December | 14 | 185,610 | 183,065 |
Increase in National Debt (nominal) represented by: | |||
Exchequer Deficit | 1,018 | 64 | |
Effect of Foreign Exchange Rate Movements | (24) | (7) | |
Net Premium on Medium / Long Term Loans | - | 10 | |
Net Premium on Bond Issuances and Cancellations | 1,551 | 689 | |
2,545 | 756 |
The accompanying notes form an integral part of the financial statements.
On behalf of the Agency
![](images/kellysig.png)
Conor O'Kelly, Chief Executive
National Treasury Management Agency
![](images/Willie_Walsh_sig.jpg)
Willie Walsh, Chairperson
National Treasury Management Agency
8 May 2017