asked the Minister for Finance the amount by which the rediscount rate of the Central Bank of Ireland exceeded, or was less than, the Bank of England rate for each respective period since 1st January 1950, and the Central Bank rate for each such period.
Written Answers. - Central Bank Rediscount Rate.
The following information has been furnished by the Central Bank:
Date |
Rediscount Rate of Central Bank of Ireland (Described as Discount Rate up to and including 27/10/60) |
Bank of England Rate |
Margin +=excess of Central Bank of Ireland rate -=excess of Bank of England rate |
% |
% |
||
1/1/1950 |
2½ |
2 |
+½ |
8/11/1951 |
2½ |
— |
|
12/3/1952 |
4 |
-1½ |
|
25/3/1952 |
3½ |
-½ |
|
17/9/1953 |
3½ |
— |
|
13/5/1954 |
3 |
+½ |
|
25/5/1954 |
3 |
— |
|
27/1/1955 |
3½ |
-½ |
|
24/2/1955 |
4½ |
-1½ |
|
19/12/1955 |
4 |
-½ |
|
16/2/1956 |
5½ |
-1½ |
|
26/5/1956 |
5 |
-½ |
|
7/2/1957 |
5 |
— |
|
19/9/1957 |
7 |
-2 |
|
30/9/1957 |
6 |
-1 |
|
20/3/1958 |
6 |
— |
|
28/3/1958 |
5½ |
-½ |
|
22/5/1958 |
5½ |
— |
|
31/5/1958 |
5 |
-½ |
|
19/6/1958 |
5 |
— |
|
14/8/1958 |
4½ |
+½ |
|
2/9/1958 |
4½ |
— |
|
20/11/1958 |
4 |
+½ |
|
28/11/1958 |
4¼ |
+¼ |
|
21/1/1960 |
5 |
-¾ |
|
29/1/1960 |
4¾ |
-¼ |
|
23/6/1960 |
6 |
-1¼ |
|
30/6/1960 |
5½ |
-½ |
|
27/10/1960 |
5½ |
— |
|
3/11/1960 |
5 5/16 |
- 3/16 |
|
2/12/1960 |
4 7/8; |
- 5/8; |
|
8/12/1960 |
5 |
- 1/8; |
|
30/12/1960 |
4 5/8; |
- 3/8; |
|
3/2/1961 |
4 3/8; |
- 5/8; |
|
1/3/1961 |
4 5/8; |
- 3/8; |
|
29/3/1961 |
4 3/4; |
- 1/4; |
|
5/5/1961 |
4 5/8; |
- 3/8; |
|
2/6/1961 |
4 5/8; |
- 3/8; |
|
1/7/1961 |
4 25/32 |
- 7/32 |
|
26/7/1961 |
7 |
-2 7/32 |
|
3/8/1961 |
6 15/16 |
- 1/16 |
|
31/8/1961 |
6 7/8; |
- 1/8; |
|
29/9/1961 |
6 3/4; |
- 1/4; |
|
5/10/1961 |
6 1/2; |
+ 1/4; |
|
2/11/1961 |
6 |
+ 3/4; |
|
3/11/1961 |
5 15/16 |
- 1/16 |
|
1/12/1961 |
5 9/16 |
- 7/16 |
|
29/12/1961 |
5 9/16 |
- 7/16 |
|
2/2/1962 |
5 7/16 |
- 9/16 |
|
2/3/1962 |
5 3/4; |
- 1/4; |
|
8/3/1962 |
5 ½ |
+ ¼ |
|
22/3/1962 |
5 |
+ ¾ |
|
30/3/1962 |
4 45/64 |
- 19/64 |
|
26/4/1962 |
4 ½ |
+ 13/64 |
|
4/5/1962 |
4 5/16 |
- 3/16 |
|
1/6/1962 |
4 1/16 |
- 7/16 |
|
30/6/1962 |
4 3/32 |
- 13/32 |
|
3/8/1962 |
4 1/8; |
- 3/8; |
|
31/8/1962 |
4 |
- ½ |
|
29/9/1962 |
3 15/16 |
- 9/16 |
|
2/11/1962 |
4 1/16 |
- 7/16 |
|
29/11/1962 |
3 63/64 |
- 33/64 |
|
28/12/1962 |
3 55/64 |
- 41/64 |
|
3/1/1963 |
4 |
- 9/64 |
|
1/2/1963 |
3 11/16 |
- 5/16 |
|
1/3/1963 |
3 5/8; |
- 3/8; |
|
29/3/1963 |
4 1/32 |
+ 1/32 |
|
3/5/1963 |
3 15/16 |
- 1/16 |
|
31/5/1963 |
3 7/8; |
- 1/8; |