B—l [Pt. TJ

TRANSACTIONS IN CONNECTION WITH THE PUBLIC DEBT IN THE YEAR ENDED 31st MARCH, 1947

Details of above Internal debt— Long-term debt— Increases — New issues for purchase of — £ s. d. £ s. d. Bank of New Zealand shares .. .. 3,070,985 0 0 New issues for capital works — National Development Loans Account .. 15,600,000 0 0 New issues : War Expenses Account .. .. 7,964,694 -12 6 26,635,679 12 6 Decreases— Redemptions from— Public Debt Repayment Account .. .. 7,170,308 10 0 Loans Redemption Account .. .. 5,725,199 10 9 War Expenses Account .. .. .. 3,500,000 0 0 — 16,395,508 0 9 Increase .. .. .. .. .. .. £10,240,171 11 9

73

— Outstanding 31st March, 1946 (New Zealand Currency). Outstanding 31st March, 1947 (New Zealand Currency). + Increase. — Decrease. External debt — London Australia Internal debt— Long-term debt Moating debt £ s. d. 150,900,354 5 11 861,300 0 0 417,749,935 6 10 55,000,000 0 0 £ S. d. 150,900,354 5 11 861,300 0 0 427,990,106 18 7 55,000,000 0 0 £ s. d. + 10,240,171 11 9 624,511,589 12 9 634,751,761 4 6 + 10,240,171 11 9