HC Deb 14 June 1928 vol 218 c1190W

asked the Chancellor of the Exchequer when the issue of the existing Treasury notes is transferred to the Bank of England, what will be done with the Government securities which have so long figured in the weekly returns Is security for the bulk of the Treasury notes; and of what these securities consist.


I would refer the hon. Member to Clause 5 of the Currency and Bank Notes Bill which deals with this point. As to the second part of the question, I cannot add anything to the information in the published returns.