They enter their interest income of $7,500 on line 8a.

Before he sold out, his interest income in 1991 from the notes was more than $100,000.

The bank also said net interest income rose 11 percent, to L997.7 million.

"The interest income and turnover is the key to the business."

This made the deficit appear lower, but the Government lost significant interest income.

The gain was reported as part of corporate interest income.

Investors now pay taxes on their interest income, say $30 dollars.

By doing so, the interest income will not be recognized for tax purposes until next year.

Still, net interest income fell by 13 percent, to $142.5 million in the first quarter.

Through three quarters of last year, net interest income for the industry was $13.2 billion.