§ Mr. Luardasked the Chancellor of the Exchequer what was the average yield on 2½ per cent. Consols during each of the last 10 decades, and during the last nine months.
§ Mr. Harold LeverAverage yields based on end-year prices for the life of the current issue of 2½ per cent Consols are:
£ s. d. per cent. 1903–12 3 0 3 1913–22 4 9 6 1923–32 4 8 3 1933–42 3 3 11 1943–52 3 5 10 1953–62 5 0 0 1963–67 6 9 5 October 1967-June 1968 (based on end-month prices) 7 3 10