§ Mr. LawsonTo ask the Chancellor of the Exchequer if he will publish a table showing, for each year since their inception, the proportion that index-linked gilts represented of the total amount of gilt-edged stock in the hands of the public, that is, all holdings other than official.
§ Mr. Norman LamontThe proportion of market holdings of gilts in indexed form is as follows:
End-March 1981 1.3 1982 3.1 1983 6.5 1984 7.0 1985 8.4 1986 9.1 1987 11.3 1988 11.3 1989 13.7 1990 16.0 1991 17.7 Note: Calculated using nominal values plus accrued uplift for indexed gilts divided by the total.