§ 52. Mr. D. GRENFELLasked the Chancellor of the Exchequer whether he will state the means by which the new sterling bonds are to be made available; and whether it is proposed to pay any commission for the negotiation of the conversion of the gold bonds?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Hore-Belisha)Full particulars regarding the method of exchange of the existing 5½ per cent. gold bonds into the new 2½ per cent. sterling bonds are contained in the prospectus which was advertised last Monday. No commission is payable on applications for exchange.
§ 53. Mr. GRENFELLasked the Chancellor of the Exchequer whether he will authorise the publication of a complete register of individuals and corporations who accept the conversion of the 5½ per cent. gold bonds into sterling bonds as proposed in the White Paper presented to Parliament on 19th July?
§ Mr. HORE-BELISHANo, Sir. By universal practice such a register would be confidential. In addition, as both issues are bearer issues, the information available would be of no value.