asked the Minister for Finance the amounts of the national debt held by (a) individuals, (b) State agencies and companies, (c) commercial banks, (d) the Central Bank of Ireland, (e) insurance companies, (f) building societies and (g) persons from outside the State, in the last financial year; and the amounts paid in interest to each.
Ceisteanna—Questions. Oral Answers. - National Debt.
24.
The total of Government bills and investments held by the commercial banks on 31st March, 1968, was £100 million approximately. Apart from this the composition of the holdings of investments is not known and it is therefore not possible to compute the amount paid in interest.
Under the present manual system of registration, a classification of holdings into the categories mentioned by the Deputy would entail a lengthy ad hoc analysis of the registers of all outstanding National Loans. When a computerised system is introduced, significant classifications will be readily available.
25.
asked the Minister for Finance (a) the cost of service of public debt and (b) the amount of public debt outstanding during the financial years from 1963-64 to 1967-68 inclusive; and if he will give (a) as a percentage of (b) in each of these years.
As the reply is in the form of a tabular statement, I propose with your permission, a Cheann Comhairle, to circulate it with the Official Report.
Following is the statement:
|
(a) |
(b) |
(c) |
|
|
Year |
Service of Public Debt |
Amount of Public Debt outstanding at end of financial year |
(a) as % of (b) |
|
£m. |
£m. |
||
|
1963-64 |
38.2 |
577 |
6.6% |
|
1964-65 |
42.8 |
636 |
6.7% |
|
1965-66 |
49.0 |
715 |
6.9% |
|
1966-67 |
56.5 |
771 |
7.3% |
|
1967-68 |
63.7* |
823* |
7.7%* |
*provisional.
26.
asked the Minister for Finance if he will state in respect of the national debt as on 31st March, 1967 and 1968, (a) the amount of such debt redeemable (i) on demand and (ii) during the period 1968 to 1973 inclusive, (b) the amount of such debt already held by the State and (c) the amount of long-term debt.
As the reply is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to circulate it with the Official Report.
Following is the statement:
|
(a) |
(b) |
(c) |
||
|
(i) |
(ii) |
|||
|
National debt outstanding at 31st March |
Debt redeemable on demand |
Debt redeemable 1968-73 inclusive |
Amount of such debt held by Departmental Funds |
Amount of long-term debt |
|
£m. |
£m. |
£m. |
£m. |
|
|
1967 |
136 |
213* |
130 |
422 |
|
1968 |
133† |
224† |
137† |
466† |
*Includes £71 million redeemable within 1967.
†Provisional.