HC Deb 03 August 1926 vol 198 c2825W
Mr. W. HIRST

asked the Chancellor of the Exchequer the original total of the Italian War Debt to this country and the capitalised present value of the annuities to be paid by Italy under the recent Anglo-Italian Debt Funding Agreement

Mr. CHURCHILL

The net War Debt of Italy to this country as at the date of Funding was about £570,000,000 and the present value on a 5 per cent. basis of the payments to be received in respect of this Debt under the Funding Agreement is about £76,000,000.

Mr. HIRST

asked the Chancellor of the Exchequer the original total of the French War Debt to this country and the capitalised present value of the annuities to be paid by France under the proposed Anglo-French Debt Funding Agreement?

Mr. CHURCHILL

The net War Debt of France to this country as at the date of the signature of the Funding Agreement is about £600,000,000, and the present value en a 5 per cent. basis of the annuities to be paid by France under the Agreement is about £227,000,000.

Forward to