§ 39. Mr. Mulleyasked the Secretary to the Treasury how much has been sub scribed to Premium Bonds to the latest available date; what value of bonds will be entitled to participate in the first draw; and what the total amount of prizes in this draw will be.
§ Mr. Powell:Total sales of Premium Bonds to the end of April amounted to about £69 million. Only bonds bought during November will be eligible for the first draw and, on the assumption that no more of these are encashed, £48½ million of bonds will be eligible for £970,000 of prizes.
§ 40. Mr. Mulleyasked the Secretary to the Treasury the total expenditure incurred by the Premium Bonds Scheme in the last financial year; and what is the estimate for such expenditure in the current year.
§ Mr. Powell:I would refer the hon. Member to the reply given to the right hon. Member for Huyton (Mr. H. Wilson) on 5th February.