348 THE NEW ZEALAND GAZETTE No. 16

LOANS REDEMPTION

NINE MONTHS RECEIPTS NINE MONTHS ENDED
ENDED 31 DEC 31 DEC 1971
1970

$ $
93,772,515 Securities issued in conversion of maturing loans 46,377,132
23,500,000 Securities issued for purpose of redeeming loans 2,000,000

117,272,515 48,377,132

12,000,000 Part statutory contribution from Consolidated Revenue Account for the redemption of debt 27,000,000

141,161,000 Registered Treasury bills issued 238,535,000

Miscellaneous receipts—
19,784 British Phosphate Commissioners 20,971
964,523 Christmas Island Phosphate Commission 500,000
1,340,000 Consolidated Revenue Account 1,340,000
6,349,741 Electric Supply 6,833,474
83,558 Harbour Boards 74,872
2,500,000 State Advances Corporation (Housing Account) 3,500,000
155,192 Tasman Pulp and Paper Co. Ltd. 161,858
3,675,964 Vote Defence—Military sales credit arrangements 5,467,234
Vote Transport (Airport Development)—Capital equipment credit arrangement 380,411
2,459,821 Working Railways 2,581,169
13,336 Miscellaneous 11,344

17,561,919 20,871,333

$287,995,434 $334,783,465

Balances at beginning of year—
12,609,362 Cash 8,809,499
32,392,243 Investments (nominal value, $46,381,114) 44,998,034

45,001,605 53,807,533

98,202,820 Excess of receipts over payments 154,247,781

$143,204,425 Total $208,055,314

NATIONAL DEVELOPMENT

$ $
30,097,430 Loan receipts unallocated 40,431,270

134,190,238 Securities issued 171,866,936
Securities issued—
Capital equipment credit arrangements 8,342,152

                                                                                           180,209,088

1,007,143 Securities issued to Asian Development Bank—
Non-negotiable non-interest-bearing notes

29,730,000 Securities issued to IMF—
Non-negotiable non-interest-bearing notes
Securities issued to IBRD—
Non-negotiable non-interest-bearing notes 393,750

$195,024,811 $221,034,108

Balances at beginning of year—
10,009,954 Cash 26,317,603
39,100,030 Investments 27,431,720

49,109,984 53,749,323

8,951,538 Excess of receipts over payments 48,009,714

$58,061,522 Total $101,759,037