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Dáil Éireann debate -
Thursday, 1 Mar 1956

Vol. 154 No. 8

Ceisteanna—Questions. Oral Answers. - Exchequer Borrowings.

asked the Minister for Finance if, with reference to the item "Other Borrowings", amounting to £5,000,000, in the statement of receipts into and issues out of the Exchequer published in Iris Oifigiúil on 21st February, 1956, he will state in detail the sources from which this amount was borrowed, the rates of interest and the dates of borrowing and repayment in each case.

The information sought by the Deputy is in the form of a tabular statement which, with the permission of the Ceann Comhairle, I propose to circulate with the Official Report.

Following is the statement:—

Borrowed

Repaid

Date

Amount

Rate of Interest

Date

Amount

Amount Outstanding

CORAS IOMPAIR ÉIREANN

1955

£

1955

£

£

May 31

1,500,000

3 1/8% p.a.

December3

500,000

July 30

750,000

,,

1956

January30

1,500,000

£2,250,000

£2,000,000

250,000

ELECTRICITY SUPPLY BOARD

1955

1955

October 31

2,250,000

3½% p.a.

November3

100,000

7

150,000

1956

January3

1,500,000

9

200,000

16

200,000

30

100,000

£2,250,000

£2,250,000

Nil

HOSPITALS TRUST BOARD

1955

£

1955

£

November 30

500,000

3½% p.a.

December 20 1956

100,000

January5

100,000

13

100,000

20

100,000

February9

100,000*

£500,000

£500,000

Nil

Total Borrowed

£5,000,000

,,Repaid

£4,750,00

Outstanding

£250,000

*Repayment of this sum had not to be covered by an issue from the Exchequer until 23 February.

May I at this stage ask, if the information circulated is not satisfactory, will I be given an opportunity of raising this matter on the Adjournment?

The information given by me is always accurate. I cannot help whether it is satisfactory or not to the Deputy or the canard that he was producing.

Arising from the Minister's further reply, he is aware, of course, that the question I put in has been very severely changed?

The question as I put it in.

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