asked the Minister for Finance if he will state the Government Departments and agencies which hold British Government securities and the amount held on the 31st March last by each such Government Department or agency.
Ceisteanna—Questions. Oral Answers. - British Government Securities.
The total nominal value of British Government securities held by Government Departments, the courts of justice and other agencies on 31st March, 1951, was, as I informed the Deputy on 7th instant, £56,751,000. The holdings of the individual Departments etc., are as follows:—
DEPARTMENT OF FINANCE
|
£ |
|
|
(a) for Post Office Savings Bank |
36,973,390 |
|
(b) for Social Insurance Funds |
5,408,376 |
|
(c) for other accounts |
8,610,876 |
|
Total |
£50,992,642 |
|
Supreme Court and High Court of Justice |
3,228,546 |
|
Circuit Court |
6,631 |
|
Irish Land Commission |
2,000,912 |
|
Commissioners of Charitable Donations and Bequests |
346,323 |
|
Public Trustee |
167,818 |
|
Department of Education |
8,575 |
|
Grand Total |
£56,751,447 |
May I take it that most of this money is invested in long-term securities?
I do not think that the Deputy may assume anything of the sort.
Will the Minister indicate what proportion of these funds is invested in short-term loans to the British Government?
I should require notice of that question.