HC Deb 15 July 1941 vol 373 c454
52. Mr. Stokes

asked the Chancellor of the Exchequer what sum has been paid as interest on bills issued by tap between 1st January and 30th June, 1941; and what has been the average monthly sum so borrowed?

Sir K. Wood

The total amount of interest paid on tap Treasury bills during the six months ended 30th June, 1941, was rather less than £4,000,000: generally speaking, this sum accrued directly or indirectly for the benefit of the Exchequer. It has never been the practice to publish monthly averages of the sums so borrowed.

Mr. Stokes

What is the rate of discount?

Sir K. Wood

If the hon. Member puts a Question down, I will answer it.