Government Loans and Financial Transactions




2 MARCH

NEW ZEALAND GAZETTE

11. Loans Raised:

The following are details of loans raised during the nine months:

| | 1987
| | $(000) | $(000)
| | :-- | --:
In New Zealand

Kiwi Bonds—
15.5 percent various ... 7,007
16 percent various ... 1,800
16.75 percent various ... 35,495
17 percent various ... 9
17.5 percent various ... 12,175
18.5 percent various ... 12,468

Total Kiwi Bonds ... 68,954 | 29,691

Non-Discountable Securities¹ ... 509,000 | ...

Tender Stock—
14 percent 15 February 1988 ... 15,560
14 percent 15 July 1989 ... 322,875
14 percent 15 March 1990 ... 253,500
14 percent 15 October 1990 ... 372,966
16 percent 15 October 1990 ... 30,000
16 percent 15 June 1991 ... 50,000
16 percent 15 October 1991 ... 50,000
14 percent 15 February 1992 ... 35,000
14 percent 15 July 1992 ... 1,074,204

Total Tender Stock ... 2,204,105 | 5,329,890

Total New Zealand Loans ... 2,782,059 | 5,359,581

Overseas
Capital equipment credit arrangements—
6.2 percent 26 June 1993 ... 20,230 | 8,775

Total Loans Raised ... $2,802,289 | $5,368,356


¹ Promissory notes issued to the Post Office Bank Limited by the Crown.

12. Other Securities Issued:

Details of these are as follows:

Securities issued to ADB—

Non-negotiable, non-interest-bearing notes ... 1,565 | 1,946

Securities issued to IMF—

Non-negotiable, non-interest-bearing notes ... 102,770 | ...

Total Other Securities Issued ... $104,335 | $1,946

13. Permanent Appropriations, Loans Account

The following are details of payments made by way of permanent appropriation from the Loans Account:

Encashment of securities—ADB ... 900 | 2,000

Encashment of securities—IBRD ... 50 | ...

Encashment of securities—IMF ... ... | 2

Subscription to ADB ... ... | 1,297

Subscription to IBRD ... 256 | ...

Subscription to IMF ... 7 | ...

Subscription to International Finance Corporation ... 1,095 | ...

Charges and expenses of raising loans—

In New Zealand—

Discounts on tender stock ... 150,370 | 325,525

Total Permanent Appropriations ... $152,678 | $328,824

14. Capital equipment purchased under credit arrangements

The following are details of drawings made during the nine months by departments under various capital equipment credit arrangements.

Defence ... ... | 1,231

Telecom Corporation of New Zealand Ltd ... 20,230 | 7,544

Total ... $20,230 | $8,775



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✨ LLM interpretation of page content

💰 Details of Loans Raised

💰 Finance & Revenue
Loans, Kiwi Bonds, Tender Stock, New Zealand, Overseas, Capital Equipment Credit

💰 Other Securities Issued

💰 Finance & Revenue
Securities, ADB, IMF, Non-negotiable, Non-interest-bearing

💰 Permanent Appropriations from Loans Account

💰 Finance & Revenue
Appropriations, ADB, IBRD, IMF, International Finance Corporation, Loan Charges

💰 Capital Equipment Purchased Under Credit Arrangements

💰 Finance & Revenue
Capital Equipment, Defence, Telecom Corporation