HC Deb 24 September 1931 vol 256 c1804
67. Mr. TINKER

asked the Financial Secretary to the Treasury the total amount of national savings certificates owing to holders; how many of the old series have been exchanged for present certificates; and what is the number claimed for repayment?

Major ELLIOT

As the answer contains a number of figures, I will, with the hon. Member's permission, circulate it in the OFFICIAL REPORT.

Following is the answer:

The figures (up to the 31st August, 1931) are as follows in round numbers:

  1. 1. Total amount owing to holders, £500,000,000, of which £378,000,000 is principal and £122,000,000 accrued interest.
  2. 2. Total value of old series certificates (principal and accrued interest) exchanged for new series, £6,000,000. This figure excludes withdrawals for reinvestment, as to which information is not available.

As regards the last part of the question, I am not clear what are the figures which the hon. Member has in mind. The total repayments since the issue of certificates commenced has been £444,000,000 principal, and £131,000,000 interest.