§ 63. Sir W. Smithersasked the Chancellor of the Exchequer details of the composition of the National Debt charge for the year ended 31st March, 1938, as regards interest paid on national savings certificates, floating debt (Treasury Bills and Ways and Means advances), other forms of debt, and management expenses, respectively?
§ Lieut.-Colonel ColvilleAs the reply contains a number of figures, I will, with my hon. Friend's permission, circulate it in the OFFICIAL REPORT.
§ Following is the reply:
£ | |
Management expenses | 985,000 |
Interest paid on National Savings Certificates | 10,550,000 |
Interest paid on Floating Debt | 3,651,000 |
Interest paid on other Debt | 201,047,000 |
216,233,000 | |
Sinking Funds | 10,544,000 |
£226,777,000 |
§ of which, as shown in the Budget White Paper, £224,000,000 was met from the Permanent Debt charge and the balance from revenue outside the Debt charge.