March 28, 1935 (17th Parliament, 6th Session)

CON

Mr. RHODES: (Minister of Finance and Receiver General)

Conservative (1867-1942)

1. (a) Average rate of interest on direct debt:
Payable in Canada 4-23%
Payable in Canada and New York.. 5-00%
Payable in New York 4-05%
Payable in London 3-62%
Average rate of interest on total direct debt-4-15%.
(b) Average rate of interest on guaranteed debt:
Payable in Canada 4-43%
Payable in Canada and New York.. 4-50%
Payable in New York 6-18%
Payable in London 3-84%
Payable in Canada and London.. .. 3-50% Payable in Canada, London and New
York 4-48%
Average rate of interest on total guaranteed debt-4-52%.
2. 4-24%.

Topic:   QUESTIONS
Subtopic:   FEDERAL DEBT-INTEREST RATES
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