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Dáil Éireann díospóireacht -
Thursday, 6 Jun 1968

Vol. 235 No. 5

Ceisteanna—Questions. Oral Answers. - Sales of Government Securities.

23.

asked the Minister for Finance the sales of Government securities, loans, stocks and bonds to (a) the commercial banks, (b) the Central Bank of Ireland, (c) insurance companies, (d) building societies and (e) purchasers from outside the State, during each of the financial years from 1963-64 to 1967-68.

The information available relates only to sales of stock of national loans at the time of issue and to direct borrowing from the commercial banks. As this information is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.

Following is the statement:

£million

1963-64

1964-65

1965-66

1966-67

1967-68

(a) Commercial Banks

10.5

13.5

11.8

21.5

25.2

(b) Central Bank of Ireland

20.5

(c) Insurance Companies

5.6

4.4

4.4

5.2

5.2

(d) Building Societies

0.1

0.3

0.2

(e) Purchasers from outside the State

1.1

0.5

8.6

6.6

0.8

(e) Includes the Sterling/Deutschemark Loan for £7m. in 1965-66 and the Ireland 7½% Stock, 1981-83 for £5m. in 1966-67.

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