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Exchequer Funding Needs and Sources

NTMA publishes Annual Funding Plan for 2025

Exchequer Funding Needs & Sources 2025

  • This information is also available in tabular format
    • €bn2025 Funding Needs2025 Funding Sources
      Bonds

      11.5

      8.0

      Net Short-Term Paper

      7.0

      0.0

      EFSM

      2.4

      0.0

      Exchequer Surplus

      0.0

      4.9

      Net Other

      		1.1

      0.0

      NOTES 2025

      Figures are estimates, as of January 2025. Rounding may affect totals.

      1. In the Funding Sources column, €8bn is reflected for bonds as it is the mid-point of the €6bn to €10bn bond funding range for 2025 announced in November 2024.

      2. Exchequer Surplus is the Budget 2025 estimate adjusted for the additional Court of Justice of the European Union judgement proceeds received in 2024.

    • Exchequer Funding Needs & Sources 2024

  • This information is also available in tabular format
    • €bn2024 Funding Needs2024 Funding Sources
      Bonds

      8.1

      5.9

      EFSM

      0.8

      0.0

      Net Short-Term Paper

      0.0

      2.1

      Exchequer Surplus

      0.0

      12.8

      Net Other

      2.3

      0.0

      NOTES 2024

      Provisional outturn figures; rounding may affect totals.

      1. Bonds Funding Sources figure reflects the cash proceeds from bond syndications and auctions, including non-competitive auctions, in 2024.

      2. The Exchequer surplus includes just under €11bn of proceeds from the Court of Justice of the European Union judgement of September 2024.

      3. The Net Other category primarily consists of Exchequer lending to the Housing Finance Agency and State Savings outflows.