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Dáil Éireann debate -
Tuesday, 24 Mar 1942

Vol. 86 No. 1

Ceisteanna—Questions. Oral Answers. - Government Loans.

asked the Minister for Finance if he will state in respect of the ten years 1932 to 1941 the total net sum raised by the Government by means of loans issued to the public, the nominal value of the stock issued, the average price of issue, the average rate of interest and the total annual sum payable in interest on such loans, and the total sum paid by way of commission to banks and stockbrokers in respect of the issue of such loans.

The figures asked for by the Deputy in regard to public issues during the years 1932-1941, inclusive, are as follows:—

Total net sum raised

Total nominal value of the issues

Average price of issue

Average rate of interest

Total annual sum payable in interest

Total payments by way of commission to banks and stockbrokers

£

£

£

£

32,042,676

32,242,676

£99

7

7 per cent.

£3

13

4 per cent.

1,174,451

290,149

The foregoing figures are not inclusive of borrowings through the medium of savings certificates.

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