HC Deb 09 August 1966 vol 733 c289W
Sir C. Osborne

asked the Chancellor of the Exchequer what is the total amount of Great Britain's debt to the International Monetary Fund which is a gold guarantee liability, in view of the fact that it would be proportionately increased in case of devaluation.

Mr. Callaghan

£868 million.

Sir C. Osborne

asked the Chancellor of the Exchequer at what date in 1967 the loan of £385 million from the Swiss Bank and the International Monetary Fund is due for repayment; and whether it is a gold-guaranteed loan.

Mr. Callaghan

December, 1967. The usual Fund guarantee attaches to the Fund drawing.