§ Sir C. Osborneasked the Chancellor of the Exchequer if he will give in
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Amount Outstanding at 31st October, 1967 Loans Date External currencies millions Sterling* £ millions Repayment Dates External currencies millions Sterling† £ millions American line of credit Dec.,1945 $3,750 931 1951–2000‡ $3,089 1,103 Canadian line of credit Mar., 1946 $1,185 297 1951–2000‡ $976 323 South Africa Oct., 1947 Gold 80 Repaid Sept., 1949 — — Economic Co-operation Administration. Oct., 1948 $336 86 1956–1983 276 99 Belgium Sept., 1949 B.Fcs. 288 1 Repaid by June, 1951 — — Portugal Sept., 1949 — 83 1955–1973 — 24 E.P.U. Loan—liquidated in 1959 into a series of repayments to individual countries totalling £167 million: Sept., 1950 — 218 — — — Austria Mar., 1959 Au. Sch. 196 3 1959–1960 — — Belgium April, 1959 B.Fcs. 3,305 24 1959–1961 — — Denmark April, 1959 D.Kr. 7 Less than 1 1959 — — Greece May, 1959 Dr. 32 Less than 1 1959 — — Germany April, 1959 Dmks. 1,125 96 1959–1971 Dmks. 331 30 Italy April, 1959 Lira 12,600 7 1959–1961 — — Netherlands April, 1959 Gldrs. 222 21 1959–1961 — — Sweden April, 1959 Sw.Kr. 124 9 1959–1961 — — Switzerland May, 1959 Sw.Fcs. 86 7 1959–1960 — — Mutual Security Aid Mar., 1952 $48 17 1960–1987 44 16 Belgium June, 1952 B.Fcs' 1,250 9 1955 — — Export-Import Bank Feb., 1957 $250 89 1958–1965 (repaid in full 29.10.59) — — Switzerland Oct., 1961 Sw.Fcs. 215 18 1964 — — Export-Import Bank line of credit—Military Air-craft Loans. April, 1966 $52 19 1966–1973 $45 16 Jan., 1966 $34 12 1966–1973 $29 11 Aug., 1966 $184 66 1967–1974 $184 66 July, 1967 $56 20 1968–1975 $56 20 Swiss Bank Consortium Oct., 1967 Sw.Fcs. 450 37 1968 Sw.Fcs. 450 37 * At rates applicable to date of loan. † At rates applicable at 31st October, 1967. ‡ Subject to deferment of annual payments. So far there have been three, in 1957, 1964 and 1965 column form all the foreign loans secured by successive British Governments since the end of the war, showing the date when agreed, the amounts, the date of repayments and the amounts still outstanding, respectively.
§ Mr. Harold LeverForeign loans secured by British Governments since the end of the war are listed below. They do not include drawings on the International Monetary Fund. As transactions with this Fund since the war have been numerous I would refer the hon. Member to International Financial Statistics, a copy of which publication is available in the Library of the House and which contains a full list.