HC Deb 15 November 1973 vol 864 cc216-7W
Mr. Knox

asked the Chancellor of the Exchequer if he will publish a table showing full details, so far as is consistent with practice, of the total of official external loans to the United Kingdom, including both drawings from the IMF and borrowings from overseas central banks outstanding on 25th October 1951, 15th October 1964, 18th June 1970 and the latest available date.

TABLE 1
OFFICIAL LONG-TERM DEBT (AMOUNT OUTSTANDING AT END OF PERIOD)
£ million
End-September 1951 End-September 1964 End-June 1970 End-June 1973
1. U.S.A.—
Lend-Lease 216 176 193 149
Line of Credit 1,339 1,125 1,235 956
Economic Co-operation Administration 120 108 101 69
Mutual Security Agency 17 17 12
Export-Import Bank 209 64
Other 7 2 1 1
2. Canada—
Line of Credit 403 329 361 303
Other 78
3. Portugal 81 37 17 2
4. German Fedreal Republic 53 70 43
5. Other 177 22 3 2
Total 2,421 1,868 2,207 1,602
6. Deutsche Bundesbank Loan 23
Grand Total 2,421 1,868 2,230 1,602
TABLE 2
OFFICIAL SHORT AND MEDIUM-TERM DEBT (AMOUNT OUTSTANDING AT END OF PERIOD)
£ million
End-December 1951 End-September 1964 End-June 1970 End-June 1973
1. IMF 95 992
2. Other 71 469
Total 95 71 1,461
General Note:
The sterling value of the debt levels in both tables has been calculated on the basis of par values. e.g. at £1=$2.80 at end-September 1951 and end-September 1964; at £1=$2.40 at end-June 1970: and at £1=$2.89524 at end-June 1973.

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