HC Deb 15 July 1974 vol 877 c21W
Mr. George Rodgers

asked the Chancellor of the Exchequer if he will give the current value of 3½ per cent. war bonds; and if he will make a statement.

Mr. Dell

The price of War Loan stands at around £23¾ for £100 of stock. It fluctuates, as do the prices of other undated marketable Government securities, with movements in the general level of interest rates. The sums involved in redeeming these undated stocks are so large that redemption would be impracticable at this time.