1928 — Page 62

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PUBLIC DEBT

Debts Rate of Interest When incurred and for what cause State Provision for Payment of Interest or Sinking Fund, and refer to Enactments by which it is made Amount of Original Debt Amount repaid Remarks
1887. Public Works 4 per centum 1887. Public Works Ordinances Nos. 0 of 1886 and 1 of 1893 £200,000 0 0
1893. Public Works 3½ per centum 1893. Public Works Ordinances Nos. 1 and 2 of 1893 £200,000 0 0
1894. Stock created to defray expenses of conversion of the balance of the 1887 loan 3¼ per centum 1894. Conversion of 1887 loan balance Ordinances Nos. 1 and 2 of 1893. Joint sinking fund: ten shillings per centum on the total nominal amount of the inscribed stock being appropriated half-yearly from general revenues and assets, Interest appropriated half-yearly from the same source. £60,000 0 0 In 1894 the balance of the 1887 loan was converted into 3¼% inscribed stock.
1906. Loan to Chinese Provincial Government and for Railway Construction ... 1906. Loan to Chinese Provincial Government and for Railway Construction Ordinances Nos. 1 of 1893 and 11 of 1905. Joint sinking fund: ten shillings per centum on the total nominal amount of the inscribed stock being appropriated half-yearly from general revenues and assets, Interest appropriated half-yearly from the same source. £1,148,933 4 3<br>$4,927,000
1927. Public Works ... 1927. Public Works Ordinance No. 14 of 1927 £3,000,000 issued 1st November 1927<br>$1,927,000 issued 24th October 1928

Summary (as at close of 1928):

  • Total sterling debt outstanding: £1,485,732 16s 5d
  • Sinking fund: £631,050 17s 4d

Page 60 (10)

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PUBLIC DEBT Debts Rate of Interest When incurred and for what cause State Provision for Payment of Interest or Sinking Fund, and refer to Enactments by which it is made Amount of Original Debt Amount repaid Remarks 1887. Public Works 4 per centum 1887. Public Works Ordinances Nos. 0 of 1886 and 1 of 1893 £200,000 0 0 1893. Public Works 3½ per centum 1893. Public Works Ordinances Nos. 1 and 2 of 1893 £200,000 0 0 1894. Stock created to defray expenses of conversion of the balance of the 1887 loan 3¼ per centum 1894. Conversion of 1887 loan balance Ordinances Nos. 1 and 2 of 1893. Joint sinking fund: ten shillings per centum on the total nominal amount of the inscribed stock being appropriated half-yearly from general revenues and assets, Interest appropriated half-yearly from the same source. £60,000 0 0 In 1894 the balance of the 1887 loan was converted into 3¼% inscribed stock. 1906. Loan to Chinese Provincial Government and for Railway Construction ... 1906. Loan to Chinese Provincial Government and for Railway Construction Ordinances Nos. 1 of 1893 and 11 of 1905. Joint sinking fund: ten shillings per centum on the total nominal amount of the inscribed stock being appropriated half-yearly from general revenues and assets, Interest appropriated half-yearly from the same source. £1,148,933 4 3&lt;br&gt;$4,927,000 1927. Public Works ... 1927. Public Works Ordinance No. 14 of 1927 £3,000,000 issued 1st November 1927&lt;br&gt;$1,927,000 issued 24th October 1928 Summary (as at close of 1928): Total sterling debt outstanding: £1,485,732 16s 5d Sinking fund: £631,050 17s 4d Page 60 (10)
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60 ( 10 ) PUBLIC DEBT. Debts. Rate of Interest. When incurred and for what cause. F State Provision for Payment of Interest or Sinking Fuml, and refor to Ennetments by which it is made. Amount of Original Debt. Amount repaid. Remarks, £ d. 200,000 00 4 per cen- 1887. Public Works, tum. Ordinances Nos. 0 of 1886 and 1 of 1893, 200,000 0 0 31 11 Public Works. 1,799 15 1 34 21 1,148,933 434 IN $4,927,000 6 11 Stock created to defray, expenses of conversion of the balance of the 1887 Joan. £ s. d. 200.000 0 60,000 0. 0 I Ordinances Nos. 200,000 0 0 • 1 and 2 of 1893. Do. I 1,799 15 11 Loan to Ordinances Nos. (1,143,933 1 Chinese Provincial 1 of 1893 and 11 Government and for | of 1905. Railway Construc- Joint sinking tion. Works. Public fund: ten shil- lings per centum on the total no- miual amount of the inscribed stook boing appropriated half-yearly from general revenues and assets, Inter- est appropriated alf-yearly from the same source. Ordinance No. 14 of 1927. I $4,927,000! ་་་་་་ In 1894 the balance of the 1887 loau was converted into 34% inscribed stock. The total of sterling debt outstanding at the close 1928 of was £1,485,732. [168, 5d. The sinking fund 011 the date same amounted Lo | £631,050 [178.4d. £3,000,000 issued on 1st, │November, 1927 and $1,927,000 issued on 24th, October, 1928.
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60

( 10 )

PUBLIC DEBT.

Debts.

Rate of Interest.

When incurred and for what cause.

F

State Provision for Payment of Interest or Sinking Fuml, and refor to Ennetments by which it is made.

Amount of Original Debt.

Amount repaid.

Remarks,

£

  1. d.

200,000 00 4 per cen- 1887. Public Works,

tum.

Ordinances Nos. 0 of 1886 and 1 of 1893,

200,000 0 0 31

11

  1. Public Works.

1,799 15 1 34

21

1,148,933 434

IN

$4,927,000 6

11

  1. Stock created to defray, expenses of conversion of the balance of the 1887 Joan.

£

s. d.

200.000 0

60,000 0. 0

I

Ordinances Nos.

200,000 0 0

•

1 and 2 of 1893.

Do.

I

1,799 15 11

  1. Loan to Ordinances Nos. (1,143,933 1 Chinese Provincial 1 of 1893 and 11 Government and for | of 1905.

Railway Construc- Joint sinking

tion.

  1. Works.

Public

fund:

ten shil- lings per centum on the total no- miual amount of the inscribed stook boing appropriated half-yearly from general revenues and assets, Inter- est appropriated alf-yearly from the same source.

Ordinance No. 14 of 1927.

I

$4,927,000!

་་་་་་

In 1894 the balance of the 1887 loau was converted into 34% inscribed stock.

The

total

of

sterling debt outstanding at the close 1928

of

was

£1,485,732.

[168, 5d.

The sinking fund 011 the date same

amounted Lo | £631,050

[178.4d.

£3,000,000 issued on 1st, │November, 1927

and $1,927,000 issued on 24th, October, 1928.

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