§ Lieut.-Colonel Boles
asked the Chancellor of the Exchequer whether the current issues of National War Bonds and Savings Bonds will be continued after the forthcoming interest date.
§ Sir J. Anderson
Yes, Sir. As on previous similar occasions, a new Series of each security will be issued. Two and a half per cent. National War Bonds 1952–54 were first issued on 1st September, 1943, and the first interest payment will fall due on 1st March, 1944. Bonds issued on and after the 1st March, 1944 will be designated "A Series" with the first interest payment due on 1st September, 1944, on which date they will be amalgamated with the original issue.
Three per cent. Savings Bonds 1960–70 were first issued in May, 1942, and the original Series have been followed by three new Series, called "A," "B" and "C." The last Series ("C") were issued as from 1st September, 1943. The first payment on this last Series will fall due on 1st March, 1944, and on that date the Series will be amalgamated with the original issue. Bonds issued on and 1265W after the 1st March, 1944, will be designated "D Series," with the first interest payment due on the 1st September, 1944, on which date the Series will be amalgamated with the earlier issues.