§ Mr. Litterickasked the Secretary of State for Social Services if he will publish figures showing the make-up and current volume of investments made on behalf of the National Insurance Find, together with the corresponding value 12 months ago.
§ Mr. OrmeThe investments held by the National Debt Commissioners on behalf of the National Insurance Fund were as follows:
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AT 31ST MARCH 1978 Nominal value £'000 Market value at 31st March 1978 £'000 (1) British Government Securities: Ways and Means … … … … 8,065 8,074 Treasury Bills … … … … 315,000 314,502 10½ per cent. Treasury Stock 1978 … … … … 24,700 25,556 11½ per cent. Treasury Stock 1979 … … … … 64,000 67,024 10½ per cent. Treasury Stock 1979 … … … … 178,650 191,847 9 per cent. Treasury Convertible Stock 1980 … … … … 72,000 73,055 9½ per cent. Treasury Stock 1980 … … … … 182,830 190,768 3½ per cent. Treasury Stock 1977–80 … … … … 7 7 11½ per cent. Treasury Stock 1981 … … … … 55,475 59,438 9¾ per cent. Treasury Stock 1981 … … … … 50,250 53,076 8¼ per cent. Exchequer Stock 1981 … … … … 38,000 37,614 9½ per cent. Exchequer Stock 1981 … … … … 120,000 121,749 8½ per cent. Treasury Stock 1980–82 … … … … 26,000 25,550 14 per cent. Treasury Stock 1982 … … … … 75,000 84,835 8¼ per cent. Treasury Stock 1982 … … … … 35,000 33,930 9¼ per cent. Exchequer Stock 1982 … … … … 92,500 90,653 8¾ per cent. Exchequer Stock 1983 … … … … 130,000 127,480 12 per cent. Treasury Stock 1983 … … … … 9,000 9,719 9¼ per cent. Treasury Stock 1983 … … … … 50,000 49,250 8½ per cent. Treasury Stock 1984–86 … … … … 52,620 49,726 7¾ per cent. Treasury Stock 1985–88 … … … … 90,120 77,503 13 per cent. Treasury Stock 1990 … … … … 140,715 155,490 11¾ per cent. Treasury Stock 1991 … … … … 145,000 147,175 12¾ per cent. Treasury Stock 1992 … … … … 121,625 130,139 10 per cent. Treasury Stock 1992 … … … … 11,000 9,845 12¾ per cent. Exchequer Stock 1992 … … … … 108,600 111,315 12¼ per cent. Treasury Stock 1993 … … … … 148,700 156,879 13¼ per cent. Treasury Stock 1993 … … … … 80,000 92,400 14½ per cent. Treasury Stock 1994 … … … … 116,750 136,014 12½ per cent. Exchequer Stock 1994 … … … … 200,000 207,000 12 per cent. Treasury Stock 1995 … … … … 167,000 169,505 12¾ per cent. Treasury Stock 1995 … … … … 166,250 181,213 9 per cent. Treasury Stock 1992–96 … … … … 10 8 15¼ per cent. Treasury Stock 1996 … … … … 60,000 76,275 13¼ per cent. Exchequer Stock 1996 … … … … 117,500 132,188 13¼ per cent. Treasury Stock 1997 … … … … 128,265 141,733 10½ per cent. Exchequer Stock 1997 … … … … 100,000 90,500 8¾ per cent. Treasury Stock 1997 … … … … 10 8 (2) Local Authority Stocks … … … … 35,000 38,152 (3) Local Authority Mortgage Loans … … … … 654 654 (4) Local Authority Temporary Loans … … … … 345,335 345,335 3,861,631 4,013,184