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The effective rate of interest for the loans contracted from
1848 to 1884 varied from 5.028 % (in the case of the loan of
1858) to 4.145 % (for the loan of 1884). For the loan of 1886 it
was 3,715 %, for the loan of 1888, 3.661 %, for the loan of 1892
it rose to 4.0826 %, and finally for the four loans contracted since
then, it has gone down to 3.728 %, 3.56 %, 3.099 % and 3.12 %.
At the end of the financial year 1897—1898, the national debt
was distributed as follows:
The permanent debt ....... | kr. | 245,472 |
The public loan of 1886 (1887) . ... | » | 30,072,683 |
1888 ...... | » | 62,247,018 |
1892 ...... | » | 9,648,889 |
1894 ...... | » | 39,010,965 |
1895 ...... | » | 11,670,800 |
1896 ...... | » | 25,444,233 |
The loan raised for constructing branch
lines on the Drammen and Randsfjord railway ........... | » | 840,000 |
An addition to the stock fund of the
Mortgage Bank, for which 4 % bonds have been issued ........ | » | 991,200 |
Total . . . | kr. | 180,171,260 |
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