6. Interest Expense
| Investment and Disbursements Account €000 |
Reserve Account €000 |
2017 €000 |
2016 €000 |
|
|---|---|---|---|---|
| Commercial Term Deposits | 7 | 7 | 14 | 89 |
| Commercial Paper | 2 | - | 2 | - |
| Cash at Central Bank | (132) | (80) | (212) | (145) |
| (123) | (73) | (196) | (56) |
The negative return on Central Bank deposits reflects the prevailing negative interest rates charged in respect of cash balances held on deposit.