New Zealand Gazette – 1986 – No. 133

Page 3622

✨ Public Debt and Currency Movements

3622 THE NEW ZEALAND GAZETTE No. 133

The Public Debt of New Zealand—Inflation-adjusted Savings Bonds
This figure does not include the sum of $382,976,031 being the assessment by the Reserve Bank of New Zealand of the obligation at 30 June 1986 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 June 1986. 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 $472,329,000 arising from 1 June 1986 realignment consisted of:

Realignment
1 June 1986

Loans denominated in— Increase Decrease
($000) $ (000)
Australian dollar .. 136
Canadian dollar .. 725
Deutschmark .. 98,095
European currency unit .. 57,740
French franc .. 486
Indian rupee .. 468
Japanese yen 77,259 ..
Dutch guilder .. 11,097
Pound sterling .. 71,615
Swiss franc .. 93,337
United States dollar .. 215,765
77,259 549,464
IBRD loans (various currencies) .. 124
Net decrease 472,329 ..
$549,588 $549,588

The total net decrease of $10,798,000 in the overseas investments consisted of:

Realignment
1 June 1986

Investments denominated in— Increase Decrease
($000) $ (000)
Canadian dollar 102 ..
Deutschmark .. 1,483
Dutch guilder .. 1,030
French franc .. 7
Japanese yen .. 12,003
Pound sterling .. 1,231
Swiss franc .. 15
United States dollar 4,869 ..
4,971 15,769
Net decrease 10,798 ..
$15,769 $15,769

B. V. Galvin, R. C. W. Hamilton,
Secretary to the Treasury. Director, Financial Management, Treasury.
30 July 1986 30 July 1986

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VUW Te Waharoa — NZ Gazette 1986, No 133

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Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

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

Domain💰 Finance & Revenue
Dated30 July 1986
KeywordsPublic Debt, Inflation-adjusted Savings Bonds, Reserve Bank of New Zealand
👩‍💼 Officials

B. V. Galvin, Secretary to the Treasury
R. C. W. Hamilton, Director, Financial Management, Treasury

💰 Movements in Currency Values

Domain💰 Finance & Revenue
Dated30 July 1986
KeywordsCurrency Values, Exchange Rates, Foreign Currencies, Public Debt, Investments
👩‍💼 Officials

B. V. Galvin, Secretary to the Treasury
R. C. W. Hamilton, Director, Financial Management, Treasury

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