Long-term Government bond holdings unchanged

Bond debt rose by 28 per cent in February after IBRC liquidation

The former Anglo headquarters. Ireland’s long-term Government bond debt jumped earlier this year after the liquidation of IBRC. Photograph: PA

The former Anglo headquarters. Ireland’s long-term Government bond debt jumped earlier this year after the liquidation of IBRC. Photograph: PA

Wed, Jul 3, 2013, 18:31

Ireland’s total long-term Government bond debt remained largely unchanged at €115,441 billion in May, according to the latest data published by the Central Bank of Ireland.

Bond debt rose by 28 per cent in February to €115,402 billion from €90,290 billion the previous month following the liquidation of Irish Bank Resolution Corporation (IBRC), the former Anglo Bank.

The long-term Government bond debt peaked at €120,083 billion in March before declining again to €115,522 billion in April.

Total resident long-term debt was €51.2 billion while non-resident debt was up slightly at €64.2 billion.

Financial institutions and the Central Bank held a combined €48.9 billion worth of debt at the end of May, the figures show.