asked the Minister for Finance if he will state in regard to the recent National Loan (a) the total amount received in public subscriptions other than from the banks; (b) the amount provided by persons or corporations subscribing sums of (i) £100 and over but less than £1,000, (ii) £1,000 and over but less than £5,000. (iii) £5,000 and over but less than £20,000, (iv)£20,000 and over but less than £50,000, and (v) £50,000 and upwards; (c) the gross total subscribed by persons or corporations subscribing sums of £5,000 and upwards; and (d) whether there was any underwriting or analogous agreement in connection with the issue of the Loan, and if he will state the terms of such agreement and with whom made.
Ceisteanna—Questions. Oral Answers. - National Loan, 1966.
Of the total issue of £12,000,000 stock of the 5½ per cent. National Loan, 1966, £9,166,300 was subscribed by the public, the balance being taken up as to £1,316,000 each by the Minister for Finance and the commercial banks, and as to £201,700 by the sub-underwriters. The issue was underwritten jointly by the banks and the Minister for Finance.
Following is an analysis of the applications received from the public:—
|
Category |
Number |
Amount |
|
£ |
||
|
Up to £500 |
13,117 |
3,119,620 |
|
Over £500 and up to £1,000 |
2,560 |
2,272,120 |
|
Over £1,000 and up to £5,000 |
775 |
1,710,540 |
|
Over £5,000 and up to £10,000 |
35 |
291,950 |
|
Over £10,000 and up to £50,000 |
34 |
882,070 |
|
Over £50,000 |
8 |
890,000 |
The gross total subscribed by persons or corporations subscribing sums of £5,000 and upwards was £2,304,020.