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Dáil Éireann debate -
Thursday, 7 Mar 1974

Vol. 270 No. 14

Ceisteanna—Questions. Oral Answers. - Land Bonds.

109.

andMr. Cunningham asked the Minister for Finance if a new issue of land bonds has been made yet this year; and, if so, the rate of interest payable on the new issue.

The Land Bond Order, 1974 (S.I. No. 6 of 1974) made on 10th January, 1974, created a new series of £3 million of land bonds to meet the Land Commission's requirements for the calendar year 1974. The rate of interest is 12½ per cent.

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