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 Signature](images/conor_okelly_sig.jpg)
Conor O'Kelly, Chief Executive
National Treasury Management Agency
![Willie Walsh Signature](images/willie_walsh_sig.jpg)
Willie Walsh, Chairperson
National Treasury Management Agency
29 May 2018