§ 43. Sir G. Nabarroasked the Chancellor of the Exchequer what is the total of steel compensation stock to be issued; what coupon or interest rate will be attached; what is the proposed date of issue; and whether he will now make a statement.
§ Mr. DiamondThe total value of securities is estimated to be between £550 and £600 million. The terms of the compensation stock will be decided nearer to vesting day, which under the Bill now before the House must be not more than thirty-six weeks from the passing of the Act.