HC Deb 30 June 1964 vol 697 cc182-3W
Mr. Millan

asked the Chancellor of the Exchequer over what period of years and at what rate of interest each of the nationalised boards is currently borrowing by means of Exchequer advances.

TERMS OF EXCHEQUER LOANS TO NATIONALISED INDUSTRIES
Period of loan Current rate of interest Method of Repayment of Principal
Per cent.
National Coal Board day to day 4⅝ day to day
1–5 years 5⅜ Maturity
15 years Annuity
Electricity Council and Boards (in England and Wales) 25 years 5⅝ Annuity
Gas Council and Boards 25 years 5⅝ Annuity
South of Scotland Electricity Board 25 years 5⅝ Annuity
North of Scotland Hydro-Electric Board 30 years 6 Annuity
British Overseas Airways Corporation 7 years 5⅜ Annuity
British European Airways Corporation 7 years 5⅜ Annuity
British Railways Board 25 years 6 Maturity
London Transport Board 25 years 6 Maturity
British Transport Docks Board 25 years 6 Maturity
British Waterways Board 25 years 6 Maturity
Transport Holding Company 25 years 6 Maturity
Post Office 25 years 6 Maturity