§ Mr. Spearmanasked the Chancellor of the Exchequer to the nearest million pounds, the amount of debt held by the issue department of the Bank of England and the Exchange Equalisation Account; and how these are distributed between funded and floating debt.
§ Mr. Dalton:As shown in the published Bank return for 10th April, 1946, the Issue Department then held £1,399 million of Government securities and £1 million of other securities. Details of these holdings have never been published, and I think they should continue to be regarded as confidential, as also should 396W particulars of the assets of the Exchange Equalisation Account.