§ Mr. Stratton Millsasked the Chancellor of the Exchequer (1) if he will set out
Issue of Certificates Date of Issue Current annual rate of interest (per cent.) based on investment at the date of issue Current redemption value of £100 invested at date of issue Current purchasing power of the redemption value compared with the date of issue £ s. d. £ s. d. £ s. d. First … … … 1916 1 10 9 421 10 1 118 16 1 Second … … … 1922 1 13 11 370 6 3 130 16 6 Third … … … 1923 1 18 5 329 13 9 110 14 11 Conversion … … … 1932 2 5 6 278 2 6 77 6 4 Fourth … … … 1932 2 2 9 247 13 1 68 16 11 Fifth … … … 1933 2 3 8 238 10 10 64 9 5 Sixth … … … 1935 2 17 2 235 0 0 64 17 6 Seventh … … … 1939 3 5 7 206 13 4 62 4 9 £1 … … … 1943 2 15 7 136 5 0 not available Eighth … … … 1947 2 18 10 171 5 0 93 4 7 Ninth … … … 1951 3 4 6 156 13 4 105 11 1 Tenth … … … 1956 3 12 3 141 13 4 113 4 6 Eleventh … … … 1963 3 11 9 104 11 8 96 14 2 Notes 1. The Consumer Price Index has been used to make the adjustments for changes in prices. 2. It is not possible to give the current redemption value of the £1 issue, adjusted for price changes, since no reliable price index for 1943 is available.