§ 30. Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what has been the value of net sales, or net purchases, of Government securities to or from the non-bank public since the Budget.
§ Mr. Patrick JenkinIt is not the practice to disclose details of recent official transactions in the gilt-edged market. The figures will be published in due course in the Bank of England Quarterly Bulletin and in Financial Statistics.
§ Mr. Bruce-GardyneI am grateful to my hon. Friend for that reply. Could he say whether it is the Chancellor of the Exchequer's intention to adhere broadly to the targets for growth of money supply and domestic credit expansion outlined by the right hon. Member for Birmingham, Stechford (Mr. Roy Jenkins) in his last Budget Statement?
§ Mr. JenkinSpeaking very generally, the answer to my hon. Friend's Question is "Yes", but I ask him to await the statement which my right hon. Friend will make this afternoon if he catches Mr. Speaker's eye.