HC Deb 03 May 1923 vol 163 cc1640-1W
Mr. WISE

asked the Under-Secretary of State for India what the Indian Government is charged by the Bank of England for the management of their sterling debt?

Earl WINTERTON

Since 1906 the charges have been at the rates shown in the Home Accounts of the Government of India (vide page 81 of the Accounts for 1921, of which I am sending the hon. Member a copy). In 1920 a new register for the transfer of stock by deed was opened. For this a supplementary charge will be payable, which remains to be fixed as experience is acquired of the additional cost entailed in maintaining the new register.

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