HC Deb 11 March 1968 vol 760 c212W
63. Mr. Tilney

asked the Chancellor of the Exchequer whether he will make arrangements for export credits of 30 to 180 days to be financed at the same rate of interest as longer-term credits also covered by the Export Credits Guarantee Department, instead of at current Bank Rate.

Mr. Harold Lever

No, Sir; this is a matter for the commercial banks concerned who chose Bank Rate as the appropriate rate for credit below two years when supported by E.C.G.D.'s direct guarantees to them.