Overseas Loans: Republic of Ireland

Treasury written question – answered on 30th November 2021.

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Photo of Lord Kilclooney Lord Kilclooney Crossbench

To ask Her Majesty's Government whether the outstanding loan principal due by the Republic of Ireland has been fully repaid; and what were the total interest payments received from the Republic of Ireland.

Photo of Lord Agnew of Oulton Lord Agnew of Oulton Minister of State (HM Treasury), Minister of State (Cabinet Office)

Ireland received a loan of a total of £3,226,960,000 under the Loans to Ireland Act 2010, which has been repaid in full as of 31 March 2021. The total interest paid was £628,677,551.77.

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