Windsor Framework & Northern Ireland Protocol Overview
Diverse holders of Irish debt
Sticky sources account for greater than 60%
Ireland roughly split 85/15 on non-resident versus resident
holdings (Q2 2023)
"Sticky" sources - official loans, Eurosystem, retail - make up
c. 60% of Irish debt
12%
22%
30%
IGB - Non-Resident Short-Term
Retail
32%
3%
1%
billion
250
200
150
100
58
50
01
2005
2010
2015
2020
IIGB
Non-Resident
Short-term
Retail
Total Debt
IGB Resident
Eurosystem
Other
-
IGB Resident
Eurosystem
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Other
Source: Eurostat, ECB, Central Bank of Ireland
Source: Eurostat, ECB, Central Bank of Ireland
IGBS excludes those held by Eurosystem. Eurosystem holdings include SMP, PSPP, PEPP and CBI holdings of FRNs. Figures do
40
not include ANFA. Other debt has included IMF, EFSF, EFSM, Bilateral as well as IBRC-related liabilities over time. Retail
includes State Savings and other currency and deposits. The CSO series has been altered to exclude the impact of IBRC.View entire presentation