Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

shutterstock via money

Less than half of Irish bonds are held in the country

The nominal value of outstanding Government bonds now stands at €112,240 million.

NEW FIGURES HAVE shown that just 47.1% of holders of Irish Government bonds are Irish residents.

Out of these 92% were held with credit institutions and the Central Bank of Ireland.

It was also found that the outstanding amount of debt securities issued by Irish firms and the Government has decreased by 4% compared to last year.

It puts the figure for the outstanding debt securities at €862.1 billion.

Compared to the same time last year, market-based debt financing for the banking sector increased by 1% to €69.8 billion.

Equity securities saw a 20% year-on-year increase to €20.9 billion. This was largely put down to valuation changes.

The new information released by the Central Bank today also shows the nominal value of outstanding government bonds to stand at €112 billion.

The figures were taken for July 2014 and were largely unchanged from the previous month.

In the next five years, 30% of the outstanding Government bonds will mature. Just under a quarter of resident holders fall within this category, while 36% of non resident holders will see their bonds mature.

Maturity of 31% of the long-term bonds held by non-resident investors will take place from 2023 onwards. These will be worth €18.3 billion.

Read: Household debts going down, savings up (slightly)

Also: SMEs dipping back into loans from ‘bailed-out banks’

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
6 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds