HC Deb 30 January 1962 vol 652 cc91-2W
Mr. Logan

asked the Chancellor of the Exchequer (1) what proposals he has to relieve the holders of 31 per cent. war stock and save them from the present depreciation and possibility of total loss; and, in particular, what consideration he has given to an early redemption of the issue at par;

(2) if he will state the total amount of 31 per cent. War Loan now held, and the number of investors concerned.

Mr. Barber

The total nominal amount outstanding is £1,909 million. The total number of accounts held on all registers is approximately 1¼ million.

As I explained in reply to a Question by the hon. Member for Bishop Auckland (Mr. Boyden) on 14th December last year, we could not contemplate any action which discriminated between one holder of this stock and another, or between holders of this stock and holders of other Government stocks.

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