Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how much is outstanding of the loan to the Irish Republic given in 2010; how much of that loan has been paid back; and what estimate he has made of when the balance of that loan will be repaid in full.
This information can be found in 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 published on the 15 October 2015 and is available here along with all previous reports submitted:
https://www.gov.uk/government/collections/bilateral-loan-to-ireland
This report shows the outstanding principal is £3,226,960,000, with repayments due in tranches from 15 April 2019 until 26 March 2021. Since the publication of the report, a further interest payment of £41,998,674.42 was made by the Republic of Ireland on 15 December 2015.