§ Mr. Norman Lamontasked the Chancellor of the Exchequer if he will compare the value of redemptions of long-dated Government securities to date in 1971–72 with the value of flotations.
§ Mr. NottThe information is as follows:
£ million 1971–72 1972–73 to date Redemptions of Government and Government guaranteed stock originally issued for over 15 years. Nil 45 Cash issues with a life over 15 years 2,200 500