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Net IIP liability was €180.1 billion at end-June

IFSC assets abroad amounted to €2,327 billion at the end of June
IFSC assets abroad amounted to €2,327 billion at the end of June

Ireland’s quarterly international investment position results show overall stocks of foreign financial assets of €2,896.6 billion at 30 June 2013.

That is a fall of €41.6 billion from the end-March level, according to the Central Statistics Office.

The corresponding overall stocks of foreign financial liabilities of €3,076.7 billion decreased by €43 billion in the same period.

The figures mean that Irish residents had an overall net foreign liability of €180.1 billion at the end of June, down €1.4 billion on the previous quarterly figure.

Gross External Debt was almost €1,64 billion at the end of June, a decrease of €37.9 billion compared to the end of March.

General Government foreign borrowing decreased by €1.2 billion, meanwhile, standing at €129.7 billion at the end of June.

The Net External Debt position stood at -€682.1 billion at end-June.

IFSC enterprises accounted for a high proportion of the sector’s overall foreign assets and liabilities.

At the end of June 2013, IFSC assets abroad amounted to €2,327 billion, compared to €525 million that were non-IFSC.

IFSC liabilities were €2,37 billion by the end of the same period, while there were €707.8 million worth of foreign liabilities held outside of the centre.