HC Deb 28 January 1981 vol 997 c463W
Mr. Cant

asked the Chancellor of the Exchequer if he will introduce a 12-month Treasury bill as a method of funding the public sector borrowing requirement.

Mr. Lawson

In a note issued on 24 November in conjunction with my right hon. and learned Friend's statement on economic policy, the Bank of England said that it would be examining further the possibilities of broadening the market for short-term central Government debt as a means of providing greater flexibility to the Government funding programme. The question remains under active consideration, but no decisions have yet been taken.