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Exchequer Funding Needs and Sources

NTMA publishes Annual Funding Plan for 2024

Exchequer Funding Needs & Sources 2024

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

      8.1

      5.9

      Net Short-Term Paper

      0.0

      2.6

      EFSM

      0.8

      0.0

      EBR

      0.0

      11.6

      Net Other

      		1.9

      0.0

      NOTES 2024

      Figures are estimates, as of October 2024. Rounding may affect totals.

      1. In the Funding Sources column, €5.9bn is reflected for bonds as the cash proceeds (€6bn of nominal issuance) from one bond syndication and three bond auctions in 2024.

      2. Notwithstanding the dissolution of the National Reserve Fund (which was held in Exchequer Notes) and transfer of funds to the Future Ireland Fund and Infrastructure, Climate and Nature Fund, short-term paper is expected to show a net inflow for 2024 .

      3. EBR is the Budget 2025 estimate of the 2024 Exchequer Borrowing Requirement - the projected surplus incorporates an estimated €8bn of receipts related to the Court of Justice of the European Union (CJEU) ruling of September 2024.

    • Exchequer Funding Needs & Sources 2023

  • This information is also available in tabular format
    • €bn2023 Funding Needs2023 Funding Sources
      Bonds

      7.0

      6.5

      EFSM

      2.0

      0.0

      FRN Purchases

      3.5

      0.0

      Net Short-Term Paper

      0.0

      7.5

      EBR

      0.0

      1.2

      Net Other

      1.1

      0.0

      NOTES 2023

      Provisional outturn figures; rounding may affect totals.

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

      2. Net Short-Term Paper inflows in 2023 were primarily investments by other public sector bodies, including the National Reserve Fund.