asked the Minister for Posts and Telegraphs if he will state (a) the amount of money borrowed for telephone development for each of the years 1949, 1950 and 1951, (b) the amount of interest paid for such borrowing for each of the years 1949, 1950 and 1951, and (c) from whom the money is borrowed.
Ceisteanna—Questions. Oral Answers. - Borrowings for Telephone Development.
The information requested is given in the form of a tabular statement which, with the permission of An Ceann Comhairle, I propose to circulate in the Official Report.
BORROWINGS FOR TELEPHONE DEVELOPMENT.
|
Year |
Total amounts |
Rate of interest |
Period of repayment |
Amount of interest paid |
From whom borrowed |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
|
£ |
% |
£ |
|||
|
1949 |
1,425,000 |
3¼ |
20 years |
1949: Nil |
Post Office Savings Bank Fund. |
|
1950: 64,291 |
|||||
|
1951: 44,761 |
|||||
|
1950 |
1,950,000 |
3½ |
20 years |
1950: Nil |
|
|
1951: 86,276 |
,, |
||||
|
1951 |
1,950,000 |
3½ |
20 years |
1951: Nil |
,, |