New Zealand Gazette – 1985 – No. 221

Page 5453

✨ Financial Statistics

29 NOVEMBER THE NEW ZEALAND GAZETTE 5453

The Public Debt of New Zealand—Inflation-adjusted Savings Bonds

This figure does not include the sum of $334,343,486 being the assessment by the Reserve Bank of New Zealand of the obligation at 30 September 1985 in respect of the premium on redemption.

Movements in Currency Values

In accordance with the Particular Accounting Policy adopted in respect of foreign currencies exchange rates were officially realigned on 1 September 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 decrease in the public debt of $1,442,709,000 arising from 1 September 1985 realignment consisted of:

Realignment 1 September 1985
	Increase ($000)
Loans denominated in–
Australian dollar
Canadian dollar
Deutschemark
European currency unit
French franc
Indian rupee
Japanese yen
Dutch guilder
Pound sterling
Swiss franc
United States dollar

IBRD loans (various currencies)
Net decrease	1,442,709

The total net increase of $33,250,000 in the overseas investments consisted of:

Realignment 1 September 1985
	Increase ($000)
Investments denominated in–
Canadian dollar	268
Deutschemark	1,233
Dutch guilder	905
French franc	6
Japanese yen	15,967
Pound sterling	3,610
Swiss franc	234
United States dollar	11,027
Net Increase	33,250

B. V. GALVIN,
Secretary to the Treasury,
30 October 1985. C. F. SPROULE,
Director, Financial Management, Treasury.
30 October 1985.

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VUW Te Waharoa — NZ Gazette 1985, No 221

NZLII — NZ Gazette 1985, No 221

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✨ LLM interpretation of page content

💰 Public Debt Inflation-adjusted Savings Bonds

Domain💰 Finance & Revenue
KeywordsPublic Debt, Inflation-adjusted Savings Bonds, Reserve Bank of New Zealand

💰 Movements in Currency Values

Domain💰 Finance & Revenue
Dated30 October 1985
KeywordsCurrency Values, Exchange Rates, Public Debt, Investments, Cash Holdings
👩‍💼 Officials

B. V. Galvin, Secretary to the Treasury
C. F. Sproule, Director, Financial Management, Treasury

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