8.—2

Payments Securities redeemed and cancelled in terms of section 13 of the Repayment of the Public Debt Act, 1925— New Zealand Loans Act, 1932 — £ s. d. £ s. d. Debentures .. .. .. .. .. .. .. 280,235 0 0 Stock .. .. .. .. .. .. .. 3,213,028 15 0 Death-duty stock .. .. .. .. .. ■■ 473,925 0 0 3,973,788 15 0 Balance at end of year — Cash in the Public Account .. .. .. .. .. .. .. 520,670 11 6 £4,494,459 6 6

Statement of Securities redeemed and cancelled in Terms of Section 13 of the Repayment of the Public Debt Act, 1925, during the Financial Year 1944-45

* Various dates ol redemption of death-duty stock. The capital accounts which have been relieved of liability due to the above redemptions are : — £ s. d. (1) Discharged Soldiers' Settlement Account .. .. 2,692,014 19 0 (2) Naval Defence Account .. .. .. .. 530,753 16 0 (3) War Expenses Account:. .. .. .. .. 403,510 0 0 (4) War Loans (1914-18) Account .. .. .. .. 610, 0 0 (5) Exchange (Ordinary) Account .. .. .. .. 346,900 0 0 £3,973,788 15 0 Chairman, Public Debt Commission.

Approximate Cod of Paper.—Preparation, not given; printing (467 copies), £4.

Authority: E. Y. Paul, Government Printer, Wellington.—l94s.

Price 3d.]

2

Nature of Security. Purity. Nominal Value. Cash utilized Redemption. £ s. d. £ s. d. Debentures .. .. 4 15/2/46 286,235 0 0 286,235 0 0 15/5/44 Stock .. .. .. 4 15/2/46 1,474,900 0 0 1,474,900 0 0 15/5/44 3£ 1/1/45 699,125 0 0 699,125 0 0 1/7/44 3| 1/1/45 1,035,375 0 0 1,035,375 0 0 1/1/45 4 15/3/43 610 0 0 610 0 0 15/9/41 4 1/4/46 5,273 15 0 5,273 15 0 Various. 2J 1/8/46 7,700 0 0 7,700 0 0 * 2J 15/9/47 11,880 0 0 11,880 0 0 * 2| 15/5/48 5,350 0 0 5,350 0 0 * 3 15/9/48 4,595 0 0 4,595 0 0 * 4 30/11/48 1,800 0 0 1,800 0 0 * 4 15/4/49 775 0 0 775 0 0 * 2£ 15/6/49 28,655 0 0 28,655 0 0 * 21 15/2/50 5,450 0 0 5,450 0 0 * 2i 1/10/53 76,860 0 0 76,860 0 0 * 3" 1/8/54 25,220 0 0 25,220 0 0 * 4 15/6/55 200 0 0 200 0 0 * . 3 15/9/55 68,070 0 0 68,070 0 0 * 3 15/5/56 67,655 0 0 67,655 0 0 * 3 15/12/56 95,260 0 0 95,260 0 0 * 3 15/2/58 10,630 0 0 10,630 0 0 * 3| 15/9/60 59,980 0 0 59,980 0 0 * 3 15/4/63 1,410 0 0 1,410 0 0 * Interest Duration of war 780 0 0 780 0 0 * " " ' ' ' free and six months 3,973,788 15 0 3,973,788 15 0