§ Mr. StinchcombeTo ask the Secretary of State for Trade and Industry what the loss of interest on notional capital required to cover Export Credits Guarantee Department claims was in each of the years 1997 to 2001. [27217]
§ Ms HewittECGD did not employ the concept of notional capital for these years. However from records available, notional interest required to fund claims under ECGD's Account 2 can be calculated as shown in the table.
607W
£ million Year Notional Interest 1991–92 0 1992–93 0.02 1993–94 0.02 1994–95 1.98 1995–96 2.28 1996–97 3.46 1997–98 3.96 1998–99 5.96
£million Year Notional Interest 1999–2000 16.09 2000–01 30.29 2001–021 30.71 1First nine months