B—6

Table No. 5 PUBLIC DEBT Maturity and Domicile of Debt outstanding, 31st March, 1948

*ln respect of many of the loans the Government has the option to redeem the securities at an earlier date. For particulars, see 8.-l [Pt. I]. t Excludes debt as under : £ Advances from Imperial Government funded in terms of section Bof Finance Act, 1922 .. 30,125,250 Other debt on which interest has been suspended and principal repayments postponed by agreement with Imperial Government .. .. .. .. .. .. .. .. 2,613,636 £32,738,886 Summary of Departmental Investments £ Investments held by accounts within the Public Account .. .. 26,552,345 National Broadcasting Service .. .. .. ~ .. 1,950,000 Marketing .. .. .. .. .. .. .. 27,453,510 Government Life Insurance .. .. .. .. .. 6,670,860 Maori Trustee .. .. .. .. .. .. 538^860 Post Office .. .. .. .. .. .. .. 144,043,650 Post Office: National savings .. .. .. .. .. 40,250,000 Public Trustee .. .. .. .. .. .. 14,707,150 Reserve Bank .. .. .. .. .. .. 42,045,335 State Advances Corporation .. .. .. .. .. 410,250 State Eire Insurance Office— Accident Branch .. .. .. .. .. .. 717,500 Fire Branch .. .. .. .. .. .. 1,150,600 £306,490,060

42

Loans maturing in Financial Year ending 31st March.* Due in London (in New Zealand Australia. New Zealand. Total Debt (Nominal Amount). Currency). Public. Departmental. £ £ £ £ £ Overdue 3,445 3,445 Treasury bills 10,000 54,990,000 55,000,000 Interest free 4,802 4,802 1949 6,981,040 272,675 7,253,715 1950 . 9,375,000 11,375,100 5,759,575 26,509,675 1951 . 1,562,500 779,000 2,341,500 1952 2,603,475 5,455,030 8,058,505 1953 . 11,342,955 1,136,125 12,479,080 1954 . 9,io3,224 9,307,375 360,565 18,821,164 1955 6,100,170 358,930 6,459,100 1956 . 15,000,000 17,434,800 971,805 33,406,605 1957 . 29,785,800 4.055,790 33,841,590 1958 24,031,831 20,910,695 134,788,720 179,731.246 1959 10,006,920 63,624,590 73,631,510 1960 . 7,147,795 1,336,800 8,484.595 1961 . 7,889,599 18,951,010 2,264,415 29,105,024 1962 . 14,000,000 14,000,000 1964 . 9, .174,570 23,373,675 6,044,790 38,593,035 1965 . 11.157.615 8,670,250 19,827,865 1966 21,547,734 1,125,240 2,400,000 25,072,974 1972 . 6,250,000 6,250,000 Tota Is • 103,984,458f 779,000 187,621,912 306,490,060 598,875,430f