✨ Financial Reports and Statistics
3810 THE NEW ZEALAND GAZETTE No. 161
25. The Public Debt of New Zealand—Inflation-adjusted Savings Bonds
This figure does not include the sum of $288,087,945 being the assessment by the Reserve Bank of New Zealand of the obligation at 30 June 1985 in respect of the premium on redemption.
26. Movements in Currency Values
In accordance with the Particular Accounting Policy adopted in respect of foreign currencies exchange rates were officially realigned on 1 June 1985. The New Zealand dollar values of overseas public debt, investments, and cash holdings were adjusted accordingly. There were also several individual alterations during the quarter which necessitated adjustment to the New Zealand dollar values of the overseas investments and cash holdings concerned.
The total net increase in the public debt of $693,693,000 arising from 1 June 1985 realignment consisted of:
| Realignment 1 June 1985 | ||
|---|---|---|
| Increase ($000) | Decrease ($000) | |
| Loans denominated in— | ||
| Australian dollar .. .. .. .. .. .. | .. | 643 |
| Canadian dollar .. .. .. .. .. .. | .. | 79 |
| Deutschemark .. .. .. .. .. .. | 147,212 | .. |
| French franc .. .. .. .. .. .. | 734 | .. |
| Indian rupee .. .. .. .. .. .. | 152 | .. |
| Japanese yen .. .. .. .. .. .. | 98,187 | .. |
| Dutch guilder .. .. .. .. .. .. | 16,448 | .. |
| Pound sterling .. .. .. .. .. .. | 303,176 | .. |
| Swiss franc .. .. .. .. .. .. | 197,067 | .. |
| United States dollar .. .. .. .. .. .. | .. | 68,644 |
| 762,976 | 69,366 | |
| IBRD loans (various currencies) .. .. .. .. .. .. | 83 | .. |
| Net increase .. .. .. .. .. .. | .. | 693,693 |
| $763,059 | $763,059 |
The total net increase of $28,039,000 in the overseas investments consisted of:
| Realignment 1 June 1985 | ||
|---|---|---|
| Increase ($000) | Decrease ($000) | |
| Investments denominated in— | ||
| Canadian dollar .. .. .. .. .. .. | 292 | .. |
| Deutschemark .. .. .. .. .. .. | 396 | .. |
| Dutch guilder .. .. .. .. .. .. | 335 | .. |
| French franc .. .. .. .. .. .. | 23 | .. |
| Japanese yen .. .. .. .. .. .. | 12,752 | .. |
| Pound sterling .. .. .. .. .. .. | 2,486 | .. |
| Swiss franc .. .. .. .. .. .. | 52 | .. |
| United States dollar .. .. .. .. .. .. | 11,703 | .. |
| 28,039 | .. | |
| Net Increase .. .. .. .. .. .. | .. | 28,039 |
| $28,039 | $28,039 |
B. V. GALVIN,
Secretary to the Treasury.
25 July 1985
C. F. SPROULE,
Director, Financial Management, Treasury.
25 July 1985
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VUW Te Waharoa —
NZ Gazette 1985, No 161
NZLII —
NZ Gazette 1985, No 161
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Investments in Public Account Balances
(continued from previous page)
💰 Finance & Revenue25 July 1985
Public Debt, Inflation-adjusted Savings Bonds, Currency Values, Exchange Rates, Overseas Investments, Realignment
- B. V. Galvin, Secretary to the Treasury
- C. F. Sproule, Director, Financial Management, Treasury