Statement of Movement in National Debt
For the year ended 31 December 2017
| Note | 2017 €m |
2016 €m |
|
|---|---|---|---|
| National Debt at 1 January | 13 | 185,610 | 183,065 |
| (Decrease)/Increase in National Debt (nominal) | (127) | 2,545 | |
| National Debt at 31 December | 13 | 185,483 | 185,610 |
| Decrease in National Debt (nominal) represented by: | |||
| Exchequer (Surplus)/Deficit | (1,906) | 1,018 | |
| Effect of Foreign Exchange Rate Movements | (54) | (24) | |
| Adjustment for inflation linked liabilities | 4 | - | |
| Net Discount on Medium/Long Term Loans | 3 | - | |
| Net Premium on Bond Issuances and Cancellations | 1,826 | 1,551 | |
| (127) | 2,545 |
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
29 May 2018