§ Mr. Day
asked the Chancellor of the Exchequer, whether he will give, at the last convenient date, the amount invested in savings certificates, including in the amount at that date of accrued interest; and the amount applied during the last three years in repaying the principal of the certificates presented for encashment?
§ Sir J. Simon
The amounts outstanding at 31st March, 1937, were:
Principal … £390,093,525 Accrued Interest … £124,000,000 (approximately).
The gross amount of principal repaid in each of the last three completed financial years was:
1934–5 … … £28,019,094 1935–6 … … £27,105,191 1936–7 … … £27,048,729