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Dáil Éireann díospóireacht -
Tuesday, 13 Jan 1959

Vol. 172 No. 3

Ceisteanna—Questions. Oral Answers. - Cost of Floating 1958 National Loan.

7.

asked the Minister for Finance if he will state (a) the total cost of floating the £15,000,000 loan last November, (b) the total amount paid in commission to the banks, (c) the total amount paid in commission to the stockbrokers, and (d) the total cost of issuing the loan at 99 instead of at par.

Accounts in respect of the expenses of the November, 1958, National Loan have not been completed but the total cost is estimated to be £139,200 of which £130,000 represents underwriting and brokerage commissions.

The cost of issuing the loan at 99 instead of at par was £150,000.

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