HC Deb 09 February 1979 vol 962 cc328-9W
Mr. George Gardiner

asked the Chancellor of the Exchequer if he will list the minimum lending rate or equivalent, at the latest available common date, in all member countries of the EEC, the United States of America, Canada and Japan.

Mr. Denzil Davies

The information is as follows:

Official discount rates—as at 6 February
Per cent
Belgium 6.00
Denmark 8.00
Eire 11.85
France 9.50
Federal Republic of Germany 3.00
The Netherlands 6.50
Italy 10.50
United Kingdom 14.00*
United States of America 9.50
Canada 11.25
Japan 3.50
*As at 8 February.

Source: Bank of England.

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