VPRS 11237 Sinking Fund Debentures Account Ledger

This series comprises a Sinking Fund Debentures Account Ledger. A sinking fund is a fund established for the purpose of meeting future commitments through the payment of regular contributions into a sinking fund account.A debenture is a loan made to a company or organisation for a fixed period at a fixed interest rate. It is a type of debt security backed by the general credit of the issuer (eg. the Melbourne Harbor Trust Commissioners) and not by a specific security.The purpose of the ledger was to manage the fund account. Information within the ledger indicates that the account was reconciled and audited each year. That information included:- amounts loaned to the MHTC each year by way of debenture- amounts invested by the MHTC each year.Due to the number of blank pages following the last recorded entry, it is assumed that this record series ceased in 1947.

本数据集系列包含一份偿债基金债券账户总账 (Sinking Fund Debentures Account Ledger)。偿债基金 (sinking fund) 是指为履行未来偿债义务，通过定期向专用账户缴存款项而设立的专项基金。信用债券 (debenture) 是指向企业或机构发放的、按固定利率计息、期限固定的贷款，属于以发行方整体信用为背书的债务证券，而非以特定资产作为担保，例如墨尔本港信托委员会 (Melbourne Harbor Trust Commissioners)。该总账的核心功能为管理该基金账户，账内信息显示该账户每年均需完成对账与审计工作，相关记录内容包括：一是每年以债券形式向MHTC发放的贷款金额；二是MHTC每年的投资金额。由于最后一条正式记录后存在大量空白页面，推测该记录系列于1947年终止。