Exchequer borrowing repayments
Repayments due are £492 million in 1979, £504 million in 1980 and £438 million in 1981, alongside short-term debts repayable on demand or within three months.
asked the Minister for Finance, in relation to the address by the Taoiseach to the Leinster Society of Chartered Accountants on 1 November 1978, the amount of the repayment of Exchequer borrowings which will fall due in 1979, 1980 and 1981.
Comment on this
The repayments in the relevant years using current exchange rates are: 1979, £492 million; 1980, £504 million; 1981, £438 million.
In addition, short-term debts, mainly small savings with the Exchequer, of about £275 million are repayable virtually on demand while £120 million in Exchequer Bills is repayable on various dates up to three months ahead.
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