HC Deb 25 October 1966 vol 734 cc137-9W
Mr. Hale

asked the Chancellor of the Exchequer whether he will circulate in the OFFICIAL REPORT a list of the sums

Balance outstanding at 30/9/1966(a) (£ million) Repayments to be completed by Currency in which repayment is to be made
1. Inter-Government loans received by the United Kingdom Government from:
U.S.A. 1,301 2003–4 U.S. dollars
U.S.A. 102 1983–4 U.S. dollars
U.S.A. 16 1987–8 U.S. dollars
U.S.A. 42 1981–2 U.S. dollars
U.S.A. 1 1978–9 Sterling
Canada 329 2003–4 Can. dollars
Federal Republic of Germany 37 1971–2 Deutschmarks
Portugal 28 1973–4 Sterling
Pakistan 3 1997–8 Sterling
Total 1,859

2. Loans received by other countries the repayment of which is guaranteed by the United Kingdom Government (nominal net liability):
Irish Republic 19 2004–5 Sterling
Sudan 1 1973–4 Sterling
Sudan 1 1974–5 Sterling
Central African Power Corporation—
Rhodesia 13 (b) 1981–2 (c)
Rhodesia 1 (b) 1989–90
Zambia 13 1981–2
Zambia 1 1989–90
East African Common Services Organisation 5 1974–5
Kenya 1 1970–1
Malta 2 1983–4
Mauritius 2 1983–4
Nigeria 8 1978–9
Rhodesia 3 (b) 1976–7
Rhodesia 1 (b) 1969–70
Rhodesia 5 (b) 1977–8
Singapore 4 1983–4
Swaziland 2 1983–4
Trinidad and Tobago 6 1981–2
Uganda 3 1981–2
Zambia 2 1972–3
Zambia 3 1976–7
Total 96
(a) Excluding amounts of less than £500,000.
(b) Since the 1st April, 1966 the United Kingdom Government has been meeting the service payments on these loans.
(c) Loans by the International Bank for Reconstruction and Development may be issued, and are then repayable, in various currencies including sterling.

now owing by the Government of the United Kingdom to other countries or to companies or persons established or domiciled in other countries, including a list of payments guaranteed by Her Majesty's Government, and stating which are payable in sterling at current prices and which are expressed to be paid in foreign currency, set out in the financial years in which payment is due.

Mr. Callaghan

The details are as follows:

3. Overseas holdings of United Kingdom Government Securities at 30th June, 1966 were as follows:—

£ million
U.K. Government Stocks (a) Treasury Bills Total
Overseas sterling area countries 1,162 618 1,780
Non-sterling area countries 45 418 463
International Organisations, other than the International Monetary Fund (b) 7 82 89
NOTES
(a) Holdings of overseas banks and Central Monetary Institutions. The latest available estimate of private holdings is £640m. at 31st December, 1964 at market value.
(b) The sterling holdings of the International Monetary Fund amounted to £l,528m. at 30th June, 1966. Repayment obligations in convertible currencies other than sterling, to the Fund are £320m. by December, 1967, £500m. between May, 1968 and May, 1970 and £44m. between March, 1969 and March 1971. The balance forms part of the U.K. subscription to the Fund.
(c) Other details of maturities and holders by country are not available.

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