THE PUBLIC DEBT OF NEW ZEALAND. TABLE I.—STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1941—continue d.

B.—l rp T . Hl].

PUBLIC ACCOUNTS, 19 40-194 1.

4

Annual Charge. Domicile of Principal. Nominal TT " ~— j — ~~ : : — Amount Due Date. o ® _ Remarks. outstanding. ©g j When payable. New Zealand London. Australia. i r : , £ s. d. % £ £ s. d. £ s. d. ; £ Brought forward .. 21,332,000 0 0 .. .. 792,777 .. 21,314,700 0 0 .. ; 17,300 New Zealand Loans Act, 1932 —continued • Debentures and Stock —continued. 7,339,656 4 9 1 Mar., 1944 330,284 1 Mar. and 1 Sept. .. 7,339,656 4 9 12,588,700 0 0 1 Jan., 1940-5* 3| 440,605 1 Jan. „ 1 July j .. 12,588,700 0 0 * The stock will be redeemed by I ; | purchases at or under par exclu- j • | sive of accrued interest or by halfyearly drawings at par, in sums I of £100, commencing 1st July, 1940. The New Zealand Govern- I ment have undertaken to repay i by instalments as set out below : I the whole of this issue by 1st j January, 1945 : In the year ending 31st December, 1940, £2,000,000; 1941, £3,500,000; | 1942, £3,500.000; 1943,£3, 500,000; 1944, £3,500,000. These instal- j ments will be made available by j two equal payments in each year j on or before the 30th June and the 31st December respectively, commencing 30th June, 1940. \ During the periods 5th to 20th | June and 5th to 20th December j in each year commencing in 1940, i holders of stock, including holders | of stock drawn in accordance with the above provisions, will have the option of converting such stock in sums of £100 as to onehalf into New Zealand Government per cent, stock, 19491954, and as to one- half into New 1 Zealand Government per cent. | stock, 1955-1960, at rates to be published from time to time. 199,500 0 0 15 Feb., 1945 5 9,975 15 Feb. „ 15 Aug. .. 199,500 0 0 7,580,907 11 10 1 Mar., 1945 U 341,141 1 Mar. „ 1 Sept. .. 7,580,907 11 10 259,025 0 0 15 Mar., 1945 4" 10,361 15 Mar. „ 15 Sept, 259,025 0 0 .. .. 9,659,980 1 ! 1 April, 1945 3 289,799 1 April „ 1 Oct. 2,500 o 0 9,657,480 1 1 75,455 17 0 30 June, 1945 3 2,264 30 June „ 31 Dec. 75,455 17 0 .. 865,510 0 0 15 July, 1945 3 25,965 15 Jan. „ 15 July | 865,510 0 0 .= .. Carried forward .. 59,900,734 14 8j J.. 2,243,171 | 22,517,190 17 0 37,366,243 17 8 17,300 !_ : i 1 !_ j