§ 26. Mr. Millanasked the Chancellor of the Exchequer what are the various current rates of interest for borrowing from the Public Works Loan Board.
§ Mr. Maurice Macmillan
RATES OF INTEREST ON LOANS MADE BY THE PUBLIC WORKS LOAN BOARD — Annuity Maturity Per cent. Per cent. Lower (quota) rates Up to 5 years 5¼ 5⅜ Over 5 but not 10 years over 5⅜ 5⅝ Over 10 but not 15 years over 5½ 5⅞ Over 15 but not 25 years over 5⅝ 6 Over 25 years 6 5⅞ Higher rates Up to 5 years 5⅞ 5⅞ Over 5 but not 10 years over 6 6 Over 10 but not 15 years over 6 6 Over 15 but not 25 years over 6 6⅛ Over 25 years 6⅛ 6⅛