§ Mr. Hordernasked the Chancellor of the Exchequer if he will publish a list of all overseas loans to local authorities and public bodies, showing the date from which these loans ran, the date of repayment, the rate of interest charged, and the effective rate of interest at the latest convenient date, allowing for the cost of the Treasury guarantee against depreciation of sterling against the various currencies.
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§ Mr. Denzil DaviesI assume that the hon. Member refers to the outstanding overseas loans raised by public sector bodies for domestic purposes, including those loans which carry an exchange cover guarantee. All those loans are raised on the best possible terms, but any decision whether to publish details of rates of interest and maturities is for the parties to the loan agreement. I am arranging for a list of loans by public sector bodies for domestic purposes from February 1969, the month in which the exchange cover scheme was introduced, until the end of September 1975 to be deposited in the Library of the House.