Overseas Loans: Republic of Ireland

HM Treasury written question – answered on 2nd November 2015.

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Photo of Lord Laird Lord Laird Non-affiliated

To ask Her Majesty’s Government how much the government of the Republic of Ireland has borrowed from Her Majesty's Government, and what are the arrangements for repayment.

Photo of Lord O'Neill of Gatley Lord O'Neill of Gatley The Commercial Secretary to the Treasury

I refer the noble Lord to the most recent statutory report which the Treasury provided to Parliament as required by Section 2 of the Loans to Ireland Act 2010. The last report was laid before Parliament on 15 October 2015 and is available in the Printed Paper Office

This report shows the outstanding loan principal is £3,226,960,000, with repayments due in tranches from 15 April 2019, until 26 March 2021.

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