HC Deb 24 June 1915 vol 72 c1325
Sir CHARLES HENRY

I beg to ask the following question, of which I have given private notice: To ask the Chancellor of the Exchequer whether any arrangements have been agreed to with the Bank of England to make advances for the full value of the 4½ per cent. War Loan: and whether the Bank of England will continue to make advances on the 3½ per cent. War Loan on the terms set forward in the speech of the Chancellor of the Exchequer when he gave the House of Commons particulars of this Loan?

Mr. WALTER REA

The arrangements made for advances by the Bank of England upon the 3½ per cent. War Loan will continue to hold good in respect of any portion of that Loan which is not converted into the new 4½ per cent. Loan. No arrangements will be made for similar advances upon the new 4½ per cent. Loan Stock or Bonds, whether they represent new money or converted 3½ per cent. War Loan.