Loan Redemption Account




16 FEBRUARY THE NEW ZEALAND GAZETTE 353

ACCOUNT

| Nine Months Ended 31 Dec 1977 | PAYMENTS | Nine Months Ended 31 Dec 1978 | |
| $(000) | | $(000) | $(000) |
|---|---|---|---|
| 479,185 | Securities converted | .. | 416,609 |
| | Securities redeemed— | | |
| 301,510 | Registered Treasury bills | 323,610 | .. |
| 391,146 | Other | 261,308 | .. |
| 692,656 | | | 584,918 |
| 732 | Charges and expenses of issuing securities for the purpose of redeeming loans | .. | .. |
| .. | Charges and expenses of redeeming securities | .. | 2 |
| .. | Excess of receipts over payments | .. | 52,820 |
| $1,172,573 | | | $1,054,349 |
| | Balances at end of 9 months— | | |
| 51,455 | Cash | 218,127 | .. |
| 79,729 | Investments (nominal value, $74,833,979) | 73,488 | .. |
| 131,184 | | | 291,613 |
| 45,104 | Excess of payments over receipts | .. | .. |
| $176,288 | Total | .. | $291,615 |



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💰 Loans Redemption Summary (continued from previous page)

💰 Finance & Revenue
Loans, Loan Payments, Securities, Redemption, Financial Summary