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Dáil Éireann díospóireacht -
Wednesday, 30 Oct 1957

Vol. 164 No. 2

Written Answers. - Prize Bonds.

asked the Minister for Finance if he will state (1) the amount received for prize bonds for each issue of the following categories: (a) £5, (b) £5 to £50, (c) £50 to £100, (d) £100, to £1,000, and (e) over £1,000; (2) the amounts in each case subscribed through (a) the commercial banks, (b) the Post Office, (c) savings banks, and (d) stockbrokers, and (3) the amount of (a) savings certificates, and (b) Post Office Savings Bank deposits encashed in each case for investment in prize bonds.

Following is the available information:—

Category

Amount First issue

received Second issue

(£ million)

£5

0.69

0.33

Over £50 and up to £50

1.85

0.83

Over £50 and up to £100

1.06

0.43

Over £100 and up to £1,000

1.53

0.74

Over £1,000

0.31

0.22

Total

5.44

2.55

Amount subscribed through

Commercial Banks

3.35

1.53

Post Office

1.80

0.95

Saving Banks

0.05

0.02

Stockbrokers

0.23

0.05

Conversions from 5½% National Loan, 1966

0.01

5.44

2.55

The amount of savings certificates and Post Office Savings Bank deposits encashed for investment in prize bonds in estimated at approximately £500,000 for the first issue and £150,000 for the second issue.

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