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Dáil Éireann debate -
Thursday, 18 Nov 1954

Vol. 147 No. 6

Ceisteanna — Questions. Oral Answers. - The 4¼ Per Cent. Loan.

asked the Minister for Finance if he will state (a) the total cost of floating the £20,000,000 National Loan at 4¼ per cent. in October, 1954, (b) the total amount paid in commission to the banks, (c) the total amount paid in commission to stockbrokers, and (d) the total cost of advertising.

Accounts in respect of the expenses of the October, 1954, National Loan have not been completed, but the following is an approximate and provisional estimate:—

£

Underwriting Commission

75,000

Brokerage

72,750

Other expenses, including advertising

12,000

TOTAL

£159,750

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