asked the Minister for Finance if he will state (1) what the funds held by the Minister on behalf of the National Health Insurance Fund amounting to £2,497,818 12s. 11d. and the Central National Health Fund amounting to £101,229 2s. 4d., are value for at present market prices; (2) what rate the cash on deposit receipt amounting to £337,000 is placed at, and if it would not be profitable to invest this sum.
Ceisteanna—Questions. Oral Answers. - National Health Insurance Funds.
The values at present market prices of the securities, etc., of the aggregate nominal amounts of £2,497,818 and £101,229 held at 31st December, 1932, for the National Health Insurance Fund and National Health Insurance Central Fund are approximately £2,516,562 and £103,545. Deposit interest at the rate of one per cent. was paid on the £337,000 cash pending its investment in suitable securities. This was effected some time ago.