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
Conor O'Kelly, Chief Executive
National Treasury Management Agency
Willie Walsh, Chairperson
National Treasury Management Agency
8 May 2017