asked the Minister for Finance if he will give details of the Irish Government securities held by the Central Bank as of 31st March, 1965 and at the latest available date, in the form of the reply to Question No. 99 of 8th April, 1964.
Written Answers. - Government Securities Held by Central Bank.
121.
Following is the information requested by the Deputy as at 31st March, 1965; the position as at 7th March, 1966— the latest date for which information is available—is shown in brackets:
(1) Certificates of Indebtedness for sums totalling £5,877,400 held for advances out of the Legal Tender Note Fund under the Bretton Woods Agreement Act, 1957—
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£2,439,700 at 3½% per annum |
(Same at 7th March, 1966). |
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£3,205,200 at 4% per annum |
|
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£232,500 at 5% per annum |
(2) Other securities in Legal Tender Note Fund: nil (nil)
(3) Securities in General Fund: I have no information under this heading other than in relation to:
(a) Certificates of Indebtedness for sums totalling £213,000 (£8,248,700 at 7th March, 1966) held for advances under—
(i) The International Finance Corporation Act, 1958—£118,500 at 4 per cent per annum (same at 7th March, 1966)
(ii) The International Development Association Act, 1960—
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£27,000 at 3½% per annum |
(same at 7th March, 1966). |
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£54,000 at 4% per annum |
|
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£13,500 at 5% per annum |
(iii) The Bretton Woods Agreements Act, 1957 — Nil (£8,035,700 (non-interest bearing) at 7th March, 1966)
(b) Exchequer Bills rediscounted —£2,940,000 (£2,000,000 at 7th March, 1966)
(c) At 7th March, 1966— £20,510,000 in 6 per cent Loan, 1969.
The statutory form of accounts as laid down in the Central Bank of Ireland (Form of Statement of Accounts) Regulations, 1961, does not provide for the indication of Irish Government securities held in the General Fund.