asked the Minister for Finance in respect of each of the years 1957-58, 1958-59 and 1959-60 the amounts (1) paid by way of interest for service of the public debt, (2) received for interest on advances by the Exchequer and (3) paid for sinking fund provision.
Written Answers. - Interest on Public Debt and Exchequer Advances: Sinking Fund Provision.
Following is the information requested:—
Year |
Paid for service of Public Debt |
Interest received on Exchequer Advances |
|
Interest |
Sinking Fund |
||
(a) |
(b) |
(c) |
(d) |
£000 |
£000 |
£000 |
|
1957-58 |
15,063 |
7,812 |
7,977 |
1958-59 |
15,709 |
8,704 |
8,581 |
1959-60 |
16,812 |
8,606 |
8,771 |
NOTES.
(1)The figures in column (d) include bank interest on Exchequer balances, dividends on shares held by the Minister for Finance and receipts from the American Loan Counterpart Fund to cover interest and principal payments on the loan included in columns (b) and (c) respectively.
(2) As all the relevant accounts for the year 1959-60 have not yet been finally closed, the figures given in columns (b) and (c) for that year represent a provisional breakdown of the total of £25,418,000 paid in respect of interest and sinking fund provision for the year.