B.—l [PT. Ill].

PUBLIC ACCOUNTS, 193 7- 193 8.

THE PUBLIC DEBT OF NEW ZEALAND. TABLE I.—STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1938—continued.

5

Annual Charge. Domicile of Principal. — Due Date. I Remarks. outstanding. ® SB Interest. When payable. New Zealand. London. Australia. 5s [ I " j £ s. d. % £ £ s. d. £ s. d. £ Brought forward .. 95,075,801 2 2 .. .. 3,738,305 .. 37,920,447 7 8 57,051,753 14 6 ; 103,600 New Zealand Loans Act, 1932 —continued. Debentures and Stock —continued. 11,221,608 16 5 1 Nov., 1947 4i 504,972 1 May and 1 Nov. .. 11,221,608 16 5 1 Mar., 1948 . . .. .. .. .. .. Option to repay £19,225,465 maturing 1st March, 1958. 10,500 0 0 1 Jan., 1949 4 420 1 Jan. and 1 July 10,500 0 0 1 Feb., 1949 .... .. .. .. . Option to repay £5,000,000 maturing 1st February, 1954. 8,966,995 0 0 15 April, 1949* 4 358,680 15 April and 15 Oct. 8,966,995 0 0 .. .. * Repayable at the option of the Government at par on or after 15th April, 1946, on three months' notice. 15 May, 1949 .... .. .. .. Option to repay £12,487,000 3|- per | cent, and £2,935 4 per cent, securities maturing 15th May, 1952. 7,500,000 0 0 15 Dec., 1949 5 375,000 15 June and 15 Dec. .. 7,500,000 0 0 250,000 0 0 15 Dec., 1950 3J 8,750 15 June „ 15 Dec, 250,000 0 0 2,029,000 0 0 1 Feb. 1951 5J 111,595 1 Feb. „ 1 Aug. .. 1,250,000 0 0 779,000 12,487,000 0 Of 15 May, 1952J 3£ 437,045 16 May ,, 15 Nov. 12,487,000 0 0 .. .. f Securities converted under New 2,935 0 0 1 5 May, 1952 J 4 117 15 May „ 15 Nov. 2,935 0 0 .. .. Zealand Debt Conversion Act, 1932-33, with condition of interest free of income-tax continued up to the interest date coinciding with or next following the pre-conversion maturity date, after which the rate of interest is automatically adjusted to 4 per cent., as follows : £9,410,825, 15th November, 1938 ; £2,300,050, 15th May, 1939 ; £23,225, 15th May, 1941; £752,900, 15th November, 1941 : total, £12,487,000. J Repayable at the option of the Government at par on or after 15th May, 1949, on three months' notice. 15 June, 1952 .. j .. . . .. Option to repay £9,405,260 maturing 15tli June, 1955. 1 July, 1952 ... . . . . Option to repay £12,000,000 maturing 1st July, 1955. Carried forward .. 137,543,839 18 7 .. .. 5,534,884 .. 59,637,877 7 8 77,023,362 10 11 882,600 | . ! ,