HC Deb 02 December 1969 vol 792 cc238-9W
Mr. Barnett

asked the Chancellor of the Exchequer what has been the annual sale of 3½ per cent. War Loan in each year since issue.

Mr. Taverne

No 3½ per cent. War Loan has been issued since the original issue made in 1932. It is not possible to give any figures for the volume of market transactions since issue.

Mr. Barnett

asked the Chancellor of the Exchequer what has been the fluctuation in market price of 3½ per cent. War Loan in each year since issue.

Mr. Taverne

3½ per cent. War Loan was issued at par on 1st December, 1932. The market prices in each year since issue are as follows:

Prices marked
Year ended 31st December High Low Price End year
1932 — — 98¾
1933 1025/16 97⅞ 1013/16
1934 1095/16 101 10813/16
1935 110⅛ 101½ 1063/16
1936 1087/16 104 105½
1937 10513/16 99⅝ 101¾
1938 104 90 98⅛
1939 98⅞ 86 93¾
1940 103⅛ 93¼ 103
1941 106⅝ 10213/16 105
1942 106¾ 103⅞ 10415/16
1943 1063/16 102⅞ 103¾
1944 10415/16 102⅝ 1043/16
1945 105¾ 102½ 1035/16
1946 109⅛ 103⅛ 108
1947 10815/16 101⅛ 10213/16
1948 104¾ 101½ 1037/16
1949 1046/16 87⅛ 92¾
1950 9715/16 90 94¼
1951 9411/16 78⅜ 80⅝
1952 81 72¾ 779/16
1953 87⅛ 7715/16 8411/16
1954 92 845/16 87¼
1955 88⅝ 73¼ 7613/16
1956 77 68 70½
1957 75⅛ 60 63
1958 6911/16 62⅞ 66⅛
1959 687/16 63⅝ 65¼
1960 65¾ 59⅛ 59¼
1961 61½ 50⅛ 52
1962 63¾ 5115/16 617/16
1963 6411/16 57⅜ 59⅛
1964 60⅛ 53½ 54½
1965 571/4 51 53⅜
1966 54 48⅜ 51¾
1967 56¼ 48⅜ 49⅜
1968 50⅜ 43 43⅞
1969(a) 4315/16 36 38⅛

(a) at 27th November 1969.