§ Mr. Meacherasked the Chancellor of the Exchequer what is the total borrowing from the parallel money markets now guaranteed by the Treasury in foreign exchange terms ; how much has been borrowed by different types of institution ; how much has already been spent in meeting these guarantees ; what were the comparable figures in March, June and September this year ; and what would be the estimated cost to the Treasury if all existing loans had to be covered at, respectively, $2.40, $2.35 and $2.30 to the £ sterling.
§ Mr. NottNo money borrowed in the parallel money markets has been guaranteed by the Treasury in foreign exchange terms. The parallel money markets deal exclusively in sterling.