§ 102. Sir T. Beamishasked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT the latest figures showing the total capital outstanding and total interest liability due on all foreign loans to the United Kingdom, including drawings from the International Monetary Fund; what were the dates and amounts of repayments of capital or payments of interest, respectively, during 1968; and what were the dates and amounts of capital or interest payments due this year and in each subsequent year.
§ Mr. TaverneThe amount now outstanding on all external loans taken by Her Majesty's Government is £3,414 million. Repayments extend to the year 2004 in some cases. Calculation of the total interest liability or details of future interest payments would involve a disproportionate expenditure of resources.
Following are details of the dates and amounts of capital and interest payments 242W in 1968, and details of future capital repayments:
Date in 1968 Capital repayments £ million Payment of interest and other charges 26th January … — 0.6 20th February … — 1.3 22nd February … — 0.2 1st March … — 4.0 26th April … — 0.6 20th May … — 1.3 22nd May … — 0.2 1st June … — 4.0 19th June … — 1.5 20th June … 8.3 — 28th June … 2.5 1.6 1st July … 8.1 4.3 12th July … 0.3 — 22nd July … 8.2 0.1 26th July … — 0.6 1st August … 9.2 1.0 9th August … 5.1 0.2 20th August … 8.1 1.2 21st August … — 0.2 23rd August … 38.3 — 1st September … — 4.4 20th September … 8.2 — 25th September … 61.9 1.2 21st October … 8.2 0.1 25th October … 43.8 — 30th October … — 0.6 20th November … 8.3 1.0 22nd November … 45.0 — 1st December … — 5.8 20th December … 8.3 — 31st December … 18.1 12.2 TOTAL … 289.9 48.2
CAPITAL REPAYMENTS ON DRAWINGS OUTSTANDING AT 1ST JANUARY, 1969 £ million Year Amount Year Amount 1969 545* 1989 57 1970 261 1990 58 1971 676 1991 59 1972 108 1992 61 1973 85 1993 61 1974 74 1994 63 1975 65 1995 64 1976 56 1996 65 1977 54 1997 66 1978 54 1998 68 1979 55 1999 69 1980 57 2000 70 1981 59 2001 29 1982 60 2002 35 1983 60 2003 35 1984 53 2004 38 1985 54 1986 55 TOTAL 3,440* 1987 56 1988 55 * Of which £26 million repaid to date. These tables exclude short-term transactions between central banks, which it is not customary to disclose.