Agricultural Mortgage Corporation (Interest Rates)

HC Deb 19 November 1969 vol 791 cc318-9W

Mr. Nott

asked the Minister of Agriculture, Fisheries and Food what was the prevailing rate of interest on loans from the Agricultural Mortgage Corporation in September, 1960, 1964, and 1969.

Mr. John Mackie

The Corporation's lending rates were:

September, 1960	6½ per cent.
September, 1964	6¾ per cent.
September, 1969	10¼ per cent.