§ Mr. Jim Lesterasked the Secretary of State for Foreign and Commonwealth Affairs if he will announce the rate at which the Crown Agents will be required to service their commencing capital debt in 1983.
§ Mr. RaisonI have determined, in accordance with section 17(4) of the Crown Agents Act 1979, with the approval of the Treasury, that in 1983 the interest payable520W on the amount of the debt outstanding to the Government shall be 60 per cent. of the relevant NLF rates, and I have asked Crown Agents to plan on the assumption that the debt will be serviced at 80 per cent. in 1984 and 100 per cent. in 1985.