HC Deb 23 December 1964 vol 704 cc321-2W
Mr. Hirst

asked the Chancellor of the Exchequer whether he will make arrangements for United Kingdom exporters to discount short-term bills, arising as result of export trade, at the Treasury Bill rate.

Mr. Callaghan

Such bills, whatever their quality, cannot command so fine a rate as Treasury Bills, which reflect Her Majesty's Government's credit.

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