asked the Minister for Finance if he will state in respect of each separate type of Land Bonds issued since the inception of the State (a) the total amount issued, (b) the amount now outstanding, (c) the dates between which the same were created, (d) the annual amount to be drawn for redemption, and (e) the present Stock Exchange price.
Written Answers. - Land Bonds.
The information requested is as follows:—
Series of land bonds |
Total Amount Issued |
Amount now outstanding |
*Period for which the series was issued |
†Annual Amount to be drawn for redemption |
Present Stock Exchange Price |
(a) |
(b) |
(c) |
(d) |
(e) |
|
£ |
£ |
£ |
|||
4½% Land Bonds |
25,297,463 |
21,141,417 |
9/8/23 to 18/12/32 |
206,000 |
81 (17/2/58) |
4½% New Land Bonds |
646,745 |
545,801 |
19/12/32 to 22/3/34 |
4,000 |
77 (8/1/58) |
4% Land Bonds |
4,940,130 |
3,644,298 |
23/3/34 to 31/1/42 and 1/1/51 to 31/12/52 |
69,100 |
66 (17/2/58) |
3½% do. |
691,665 |
551,286 |
1/2/42 to 31/12/45 and 1/1/49 to 31/12/50 |
10,600 |
62 (23/1/58) |
3% do. |
212,788 |
155,709 |
1/1/46 to 31/12/48 |
4,200 |
50 (17/2/58) |
4½% do. |
1,410,065 |
1,410,007 |
8/7/53 to 31/12/55 |
No draw yet arranged |
75½(17/2/58) |
5% do. |
500,751 |
500,751 |
1/1/56 to 30/11/56 |
do. |
79¾ (17/2/58) |
5¾% do. |
283,399 |
283,399 |
1/12/56 to 30/11/57 |
do. |
96½ (31/1/58) |
6% do. |
29,325 |
29,325 |
1/12/57 to 31/12/58 |
do. |
Not yet quoted |
*It is thought that this is what the Deputy has in mind in (c) of his question.
†The amounts drawn for redemption, calculated in accordance with the provisions of the relevant Drawing Orders vary. The amounts shown above are those drawn at the latest draws.