Overseas Loans: Republic of Ireland
(asked on 21st September 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the Republic of Ireland will conclude repaying its loan under the Loans to Ireland Act 2010 by March 2021.
This question was answered on 24th September 2020
The total outstanding principal of the bilateral loan to Ireland stands at £806,740,000 as of 24 September 2020. Ireland is scheduled to pay the final tranche of the loan when it matures in March 2021. The Government continues to expect the loan to be repaid in full and on time.