§ Mr. Lawsonasked the Chancellor of the Exchequer, further to his Written Answer on Sterling Balances and the Basle Facility, Official Report, 10th February 1977, columns 811–12, if he will now give details of the amounts, currencies and purchasers of the foreign currency bonds issued by Her Majesty's Government to official holders of sterling; and if he will make a statement.
$ billion Source Borrowing since 1st March 1974 Outstanding on 31st October 1978 IMF drawings … … 5.4 3.4* Her Majesty's Government Eurodollar loans … … 4.0 4.0 Public sector borrowing … … 11.1 12.5 Long-term debts … … — 3.9 20.5 23.8 * Includes $0.9 billion of repayments, the effect of which will be to reconstitute the United Kingdom's reserve position in the IMF. This will count as an offsetting increase in the United Kingdom official reserves.