HC Deb 10 December 1935 vol 307 cc731-2
48. Mr. DAY

asked the Chancellor of the Exchequer what long-term loans, and

Long-term Loans issued mainly or wholly for the purpose of currency stabilisation since 1919.
Date. Borrowing Government. Total amount of loan. Amount outstanding. Rate of interest.
Per cent.
1926 … Belgium … £8,500,000 £7,802,000 7
$50,000,000 $45,800,000
Swiss Fcs. 32,000,000 Swiss Fcs. 29,400,000
Swedish Kr. 9,000,000 Swedish Kr. 8,300,000
1928 … Bulgaria … (a) £5,400,000 (b) £5,400,000 7½
1927 … Estonia … £700,000 £647,500 7
$4,000,000 $3,668,500
1924 … Germany … £21,720,000 £16,550,000 7
$110,000,000 $59,600,000
Lire 100,000,000 Lire 77,500,000
Swiss Fcs. 15,000,000 Swiss Fcs. 11,500,000
Swedish Kr. 25,200,000 Swedish Kr. 19,900,000
1928 … Greece … £4,100,000 £4,000,000 6
$17,000,000 $16,600,000
1924 … Hungary … (a) £14,200,000 (b) £10,400,000 7½
1927 … Poland … £2,000,000 £1,320,000 7
$62,000,000 $43,700,000
1929 … Roumania … £2,000,000 £1,811,000 7
$69,000,000 $62,900,000
French Fcs. 561,600,000 French Fcs. 510,800,000
1931 … Yugoslavia … French Fcs. 1,025,000,000 French Fcs. 1,014,300,000 7
The service of the Belgian, Estonian and Polish Loans has been duly met in accordance with the original Loan Contracts.
Details of the position as regards the remaining loans are given in the Annual Reports of the League Loans Committee and of the Council of Foreign Bondholders.
(a) Tranches other than sterling converted at exchange rates at date of issue.
(b) Tranches other than sterling converted at present rates.

of what amount, which have been issued to foreign governments mainly or wholly for the purpose of currency stabilisation since 1919 still remain unpaid?

The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)

I am issuing in the OFFICIAL REPORT a statement giving the information asked for.

Mr. DAY

Will it give the total amount?

Mr. CHAMBERLAIN

It gives total amounts.

Mr. DAY

Does it include banking credits and Treasury operations as well?

Mr. CHAMBERLAIN

It answers the question on the Order Paper.

The information is as follows: