asked the Minister for Finance if he will state the various heads under which the sum of £1,768,750, the amount estimated to be required in respect of interest charges in the present financial year, will be paid and if he will state what payments of interest were made under the various heads in the year ended 31st March last.
Ceisteanna—Questions. Oral Answers. - Interest Charges.
As the reply to the question takes the form of a tabular statement, I propose to circulate it with the Official Report.
Following is the reply:—
Provision for Interest on Debt in Financial Years 1931-32 and 1932-33.
|
Interest on Debt. |
1931-32. |
1932-33. |
||||
|
£ |
s. |
d. |
£ |
s. |
d. |
|
|
On Ways and Means Advances |
118 |
7 |
1 |
— |
||
|
On Exchequer Bills |
26,765 |
1 |
3 |
50,000 |
0 |
0 |
|
On 5% National Loan, 1935-45 |
408,316 |
9 |
6 |
395,000 |
0 |
0 |
|
On 5% Second National Loan, 1950-60 |
340,983 |
14 |
3 |
332,529 |
0 |
0 |
|
Extra charge for loss on exchange in payment of interest on external portion of Second |
||||||
|
National Loan |
— |
7,821 |
0 |
0 |
||
|
On 4½% Third National Loan, 1950-70 |
266,797 |
14 |
3 |
264,000 |
0 |
0 |
|
On 5% Compensation Stock |
10,243 |
6 |
7 |
3,400 |
0 |
0 |
|
On Savings Certificates paid off and interest accruing during year |
68,907 |
5 |
4 |
200,000 |
0 |
0 |
|
Payment to Savings Certificates (Interest Charge Equalization Fund) |
281,092 |
14 |
8 |
450,000 |
0 |
0 |
|
In respect of interest on New Loan |
— |
66,000 |
0 |
0 |
||
|
TOTAL |
1,403,224 |
12 |
11 |
1,768,750 |
0 |
0 |