§ MR. BRIGHT (Shropshire, Oswestry)To ask Mr. Chancellor of the Exchequer what is the present amount of the Unfunded Debt; of what issues does it consist; and whether he proposes, when the money market is favourable, to fund any portion of this debt.
(Answered by Mr. Austen Chamberlain.) The present amount of the Unfunded Debt is £82,183,000, consisting of:—
There is no present intention of funding any portion of this debt, but the favourable conditions which the hon. Member's Question presupposes do not now exist.
£ War Stock and Bonds 30,000,000 Exchequer Bonds 20,500,000 Treasury Bills (for Supply) 21,133,000 Treasury Bills for Ways and Means (repayable within the financial year) 8,000,000 Temporary Advances on the credit of Ways and Means 2,550,000 £82,183,000