asked the Minister for Finance the amount of total borrowing abroad since March, 1973: and the amount of each loan, the source and the interest rate to date.
Ceisteanna—Questions. Oral Answers. - Borrowing Abroad.
12.
The reply is in the form of a tabular statement which, with the permission of the Ceann Comhairle, I will circulate with the Official Report.
Following is the statement:
Government External Borrowing since 31st March, 1973.
|
Loan and interest rate |
Source |
Amount |
||
|
Original Currency (million) |
Irish pound equivalent (£ million) |
|||
|
Ireland 6½% Notes, 1973-81 |
Switzerland |
SW. Fr. |
150.0 |
20.0 |
|
9% Algemene Bank Nederland Loan |
Netherlands |
Dfl. |
100.0 |
15.5 |
|
EIB 8½% Loan (First Telephone Project) |
,, |
US$ |
8.6 |
|
|
Lux. Fr. |
72.0 |
|||
|
£ |
3.0 |
7.5 |
||
|
Ireland 9½% Belgian Franc Loan 1974-84 |
Belgium |
B. Fr. |
1,000.0 |
10.2 |
|
Ireland 9¾% EUA Bonds 1974-84 |
Eurobond Market |
EUA |
20.0 |
10.0 |
|
US Dollar Revolving Credit Facility (variable rates of interest) |
Eurodollar Market |
US$ |
175.0 |
74.6 |
|
EIB 10½% Loan (Second Telephone Project) |
,, |
US$ |
13.3 |
|
|
£ |
3.8 |
9.5 |
||
|
9% Kuwait Dinar Notes, 1979 |
Kuwait |
K. Dinars |
5.0 |
7.2 |
|
9% UAE Dirham Bonds, 1984 |
United Arab Emirates |
UAE Dirhams |
150.0 |
16.2 |
|
10¼% Dutch Guilder Notes |
Netherlands |
Dfl. |
50.0 |
8.3 |
|
Other smaller loans |
various |
various |
18.2 |
|
|
Total borrowed abroad since 31st March, 1973 |
£197.2 |