HC Deb 16 December 1949 vol 470 c348W
Mr. J. Morrison

asked the Chancellor of the Exchequer what is the amount of the still outstanding war-time loan from the United States Reconstruction Finance Corporation; when it is expected that the loan will be paid off; what is the present market value of the dollar securities held by the Corporation as cover; and whether these securities, when released, will be available to their original British owners.

Sir S. Cripps

The amount of the loan by the Reconstruction Finance Corporation now outstanding is about 107 million dollars. It is expected that the loan will be paid off by 1952. The present value of the marketable securities held as cover for the loan is some 335 million dollars. The last part of the Question does not at present arise.