Irish Sovereign Green Bonds Update

Diverse holders of Irish debt - sticky sources account for over 50%; will increase further with Eurosystem's PEPP Ireland roughly split 80/20 on non-resident versus resident holdings (Q3 2020) "Sticky" sources - official loans, Eurosystem, retail - make up over 50% of Irish debt 250 200 Other Debt (incl. IGBS - 150 Official) 27% Private Non Resident 33% 100 Retail, Resident 11% Eurosystem 22% IGBS- Private Resident Short term 2% 6% 50 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 IGBS Private Non Resident IGBS - Private Resident Short term Retail Eurosystem Other Debt (incl. Official) Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency IGBS Private Non Resident Short term Retail Total Debt (€bns) Source: CSO, Eurostat, CBI, ECB, NTMA Analysis IGBS - Private Resident Eurosystem Other Debt (incl. Official) IGBS excludes those held by Eurosystem. Eurosystem holdings include SMP, PSPP and CBI holdings of FRNS. Figures do not include ANFA. Other debt Includes IMF, EFSF, EFSM, Bilateral as well as IBRC- related liabilities. Retail includes State Savings and other currency and deposits. The CSO series has been altered to exclude the impact of IBRC on the data. 39

View entire presentation