asked the Minister for Finance if he will state in respect of the years 1923 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.
Written Answers. - Issue of Loans.
The figures asked for by the Deputy in regard to public issues during the years 1923 to 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 |
||||
|
£ |
£ |
£ |
£ |
||||||
|
54,997,877 |
56,288,051 |
£97 |
14per cent. |
2 |
£4 |
5per cent. |
4 |
2,346,720 |
549,426 |
The foregoing figures are not inclusive of borrowings through the medium of Savings Certificates.