Overseas Loans: Republic of Ireland

(asked on 30th December 2020) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what interest has been paid by the Republic of Ireland for loans made under the Loans to Ireland Act 2010; and when any such loans are expected to be repaid.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 14th January 2021

The latest statutory report under section 2 of the Loans to Ireland Act 2010 discloses all interest payments made up to 30 September 2020. Since that date, Ireland has made one further regular interest payment, and one further tranche repayment with associated interest. Ireland is scheduled to repay the final tranche in March 2021. The Government continues to expect the loan to be repaid in full and on time.

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