asked the Minister for Posts and Telegraphs if he will state the rate of interest paid on telephone capital borrowings in the years 1939, 1947, 1950, 1952 and 1955, respectively.
Ceisteanna—Questions. Oral Answers. - Telephone Capital Borrowings.
The rates of interest paid on telephone capital borrowings are as follows:— 1939, 4 per cent.; 1947, 2? per cent.; 1950, 3½ per cent.; 1952, 4¼ per cent.
The rate for borrowings in 1955 has not yet been determined.