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Dáil Éireann díospóireacht -
Wednesday, 24 Feb 1960

Vol. 179 No. 5

Ceisteanna—Questions. Oral Answers. - National Loan, 1959: Flotation Costs.

27.

asked the Minister for Finance if he will state the total cost of floating the 1959 National Loan of £12 million and the amount paid in (i) underwriting commission, (ii) brokerage and (iii) other expenses, including advertising.

Accounts in respect of the expenses of the issue of the £12 million of 5¼% National Development Loan in November, 1959, have not yet been completed, but the total expenses are estimated to be £81,900, of which £45,000 represents underwriting commission, £28,180 brokerage commission and £8,720 other expenses, including advertising.

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