FLOATING DEBT. (Hansard, 12 April 1932)

HC Deb 12 April 1932 vol 264 c676W 676W

§ Mr. McENTEE
asked the Chancellor of the Exchequer what is the reason for the increase of £17,630,000 in the Floating Debt on 31st March, 1932, as compared with the debt on 31st March, 1931?

§ Major ELLIOT
The principal items of expenditure which account for the increase in the Floating Debt are:

£

1. Payments of accumulated Interest on Savings Certificates in excess of the provision for that purpose in the Permanent Debt Charge 8,431,000

2. Payments for Victory Bonds, etc., tendered for Death Duties 7,394,000

3. Payments to the Depreciation Fund for 5 per cent. War Loan 1,370,000

	£
1. Payments of accumulated Interest on Savings Certificates in excess of the provision for that purpose in the Permanent Debt Charge	8,431,000
2. Payments for Victory Bonds, etc., tendered for Death Duties	7,394,000
3. Payments to the Depreciation Fund for 5 per cent. War Loan	1,370,000