asked the Minister for Finance what amount it is estimated will be payable in 1963-64 by way of (a) interest (b) sinking fund and (c) total in respect of the £4,857,000 borrowed to meet the deficit on his current budget for 1962-63.
Ceisteanna—Questions. Oral Answers. - Servicing of Budget Deficit.
16.
Assuming a long-term interest rate of 5¾ per cent and a sinking fund charge of 1¼ per cent, the amounts will be:—
|
(a) |
£279,300 |
|
(b) |
£60,700 |
|
(c) |
£340,000 |