HC Deb 30 November 1964 vol 703 c23W
Mr. Dodds-Parker

asked the Chancellor of the Exchequer what payments are due on the 1948 American and Canadian loans before the end of 1964; and for how many years these payments have to be continued.

Mr. MacDermot

Payments of £64 million are due at the end of 1964 on the 1945 United States and Canadian loans and lend-lease settlement; £62 million in respect of the annual repayments due in 1964 and £2 million interest on the payments deferred in 1957. The final payments on these loans are now due in the year 2002.

The full arrangements for repaying these loans are given in the original and revised loan agreements (Cmd. 6708 and 6904 and Cmnd. 121 and 178).