New Zealand Gazette – 1988 – No. 202

Page 5082

✨ Financial Reports

NEW ZEALAND GAZETTE

No. 202

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

This figure does not include the sum of $463,122,896 being the assessment by the Reserve Bank of New Zealand of the obligation at 30 September 1988 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 the exchange rates were officially realigned on 30 September 1988. The New Zealand dollar values of overseas public debt, investments, and cash holdings were adjusted accordingly:

The total net increase in the public debt of $1,369,000,000 arising from 30 September 1988 realignment consisted of:

Loans denominated in—	Realignment 30 September 1988
	Increase ($000)
Australian dollar	10,151
Canadian dollar	15,832
Deutschemark	52,677
Dutch guilder	6,254
European currency unit	41,012
Indian rupee	140
Japanese yen	345,943
Pound sterling	133,059
Swiss franc	24,094
United States dollar	739,790
IBRD loans (various currencies)	...
Net increase	1,369,000

The total net increase $244,794,000 in the overseas investments consisted of:

Investments denominated in—	Realignment 30 September 1988
	Increase ($000)
Canadian dollar	772
Deutschemark	10,771
Dutch guilder	...
Japanese yen	83,124
Pound sterling	3,931
Swiss franc	...
United States dollar	153,217
Net increase	253,905

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VUW Te Waharoa — NZ Gazette 1988, No 202

NZLII — NZ Gazette 1988, No 202

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💰 Public Debt of New Zealand—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
KeywordsCurrency Realignment, Public Debt, Overseas Investments, Exchange Rates

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