Vol. 395 No. 9
97 Mr. Dempsey asked the Minister for Finance the amount of the national debt at (a) 31 December 1988 and (b) 31 December 1989; the amount of foreign debt contained in the figures for both those years; and the average rate of interest paid on (i) the domestic debt and (ii) the foreign debt for the same years.
The information requested by the Deputy, broken down between Irish pound denominated debt and foreign currency denominated debt, is set out in the table below:
|
Year Ended |
National Debt |
Average Rate of Interest Charged on National Debt |
|||
|
Foreign |
Domestic |
Total |
Foreign |
Domestic |
|
|
£m |
£m |
£m |
|||
|
1988 |
9,498 |
15,113 |
24,611 |
7.33% |
8.65% |
|
1989* |
9,122 |
15,711 |
24,833 |
7.91% |
7.92% |
