HC Deb 18 June 1969 vol 785 cc116-7W
Mr. Maurice Macmillan

asked the Chancellor of the Exchequer whether he will give details of the distribution of the size of individuals' holdings of National Savings Certificates since 1965.

Mr. Harold Lever

No more recent information can be given than that given to the hon. Member for Farnham on 24th July, 1968; the figures, based on a survey done in August 1965, when the total number of live holdings of National Savings Certificates was 7.8 million, are as follows:

Amount of Principal held in all issues Proportion of total holdings
£ Per cent.
1–49 48.5
50–99 9.3
100–499 23.5
500–999 12.1
1,000–1,999 5.5
2,000 and over 1.1

Mr. Maurice Macmillan

asked the Chancellor of the Exchequer whether he will give the total amount remaining invested in National Savings, showing separately the principal and the accrued interest, all at April 1969 prices, for the years 1965 to 1968 and the first quarter of 1969, respectively.

Mr. Harold Lever

The figures below are based upon estimates of the total amount outstanding of a National Savings as defined in Table 23 of Financial Statistics. The separate accrued interest figures refer to National Savings Certificates only.

£ million
April, 1969 prices
Principal outstanding Accrued interest
At the end of:
December, 1965 8,888 723
December, 1966 8,591 650
December, 1967 8,545 624
December, 1968 8,172 586
March, 1969 8,124 576

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