asked the Minister for Finance the amount of interest paid in each year from March, 1954 to March, 1960, in respect of (a) borrowing from the banks on Exchequer Bills, (b) public issues of stock by the Government, (c) Land Bonds and (d) Saving Certificates.
Ceisteanna—Questions. Oral Answers. - Interest Payments.
17.
As the reply is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to have it included in the Official Report.
The following is the statement:—
|
Year ended 31st March |
Amount of interest paid on |
|||
|
Borrowing from the banks on Exchequer Bills |
Public issue of Stock by the Government |
Land Bonds |
Savings Certificates |
|
|
£ |
£ |
£ |
£ |
|
|
1955 |
152,723 |
4,423,077 |
1,210,403 |
446,000 |
|
1956 |
391,045 |
5,066,459 |
1,220,821 |
536,000 |
|
1957 |
592,905 |
5,818,385 |
1,232,051 |
696,000 |
|
1958 |
802,043 |
6,228,608 |
1,245,867 |
670,000 |
|
1959 |
274,851 |
6,979,771 |
1,263,583 |
537,000 |
|
1960 |
Nil |
7,486,667* |
1,270,631 |
500,000 |
*Excludes £296,673 interest paid on 3% Transport Stock, 1955-60 for the payment of which the Minister for Finance became liable as from 1st April, 1959, under the Transport Act, 1958.