HC Deb 25 April 1989 vol 151 cc467-8W
Mr. Allen

To ask the Chancellor of the Exchequer which major issues of debt have come up for redemption in the financial years(a) 1987–88 and (b) 1988–89; and which are expected in 1989–90.

Mr. Lilley

The information is as follows:

Per cent. £ million
(a) The stocks of over £500 million redeemed in 1987–88 were:
10½ Exchequer Stock 1987 1,550
6½ Funding Loan 1985–87 559
10 Treasury Stock 1987 1,600
3 Treasury Stock 1987 950
12 Treasury Stock 1987 1,950
7¾ Treasury Loan 1985–88 500
2 Index-linked Treasury Stock 1988 1,352

Per cent. £ million
(b) The stocks of over £500 million redeemed in 1988–89 were:
10½ Exchequer Stock 1988 1,450
9¾ Treasury Convertible Stock 1988 1,147
3 British Transport Stock 1978–88 1,302
9½ Treasury Stock 1988 2,050
11½ Treasury Stock 1989 2,250
(c) The stocks of over £500 million redeemed in 1988–89 are:
9½ Treasury Convertible Stock 1989 854
3 Treasury Stock 1989 500
10½ Treasury Stock 1989 1,400
10 Exchequer Stock 1989 2,400
11 Exchequer Stock 1989 2,000
5 Treasury Stock 1986–89 601
13 Treasury Stock 1990 1,000
2 Index-linked Treasury Stock 1990 500
11 Exchequer Loan 1990 1,400
12½ Exchequer Stock 1990 1,250

Mr. Allen

To ask the Chancellor of the Exchequer if he will review the rules relating to the holding of Government debt by insurance companies and pension funds.

Mr. Lilley

I do not know which rules the hon. Member has in mind.