§ Mr. Shersbyasked the Chancellor of the Exchequer if he will publish in the Official Reportdetails of Great Britain's 123W debts to the Central Bankers and the International Monetary Fund in respect of each of the years from 1960 to 1975 inclusive.
§ Mr. Robert SheldonA detailed list of the United Kingdom's short- and medium-term borrowing from abroad has
$million (net borrowing (+), repayments(-)) IMF Foreign currency deposits by monetary authorities Other borrowing with a sterling counterpart* 1960 … … … … … -325 — — 1961 … … … … … +1,040 — — 1962 … … … … … -1,040 — — 1963 … … … … … — — — 1964 … … … … … +1,000 +202 +403 1965 … … … … … +1,370 -202 +510 1966 … … … … … +40 +40 +785 1967 … … … … … -902 +423 +1,292 1968 … … … … … +1,215 +43 +1,852 1969 … … … … … -73 -146 -1,458 1970 … … … … … -322 -360 -2,426 1971 … … … … … -1,247 — -958 1972 … … … … … -1,081 — — 1973 … … … … … — — — 1974 … … … … … — — — 1975 … … … … … — — — *Borrowing from monetary authorities, a consortium of Swiss banks in 1967 and Switzerland in 1964–65 as a sterling counterpart to foreign currency deposits. Non-dollar currencies have been converted to dollars at the parity or central rates obtaining at the end of the appropriate years. In addition, British Government stocks and Treasury bills are held by overseas monetary authorities. It is possible to give only net changes for these holdings, and during the period in question the movements were as follows:
124W
£ million British Government Stocks Treasury Bills 1963* -33 +119 1964 +52 -84 1965 -46 -260 1966 -51 -57 1967 -40 -136 1968 -22 -47 1969 +237 -95 1970 +63 +9 1971 +55 +363 1972 +65 +180 1973 +74 -324 1974 -124 +1,072 1975 -15 -484 *Figures for the holdings of British Government Stocks and Treasury Bills were only recorded from end-1962 onwards. been published in the March edition of the Bank of England Quarterly Bulletin. The list covers the period 1947 to 1975, and details borrowing from the IMF and other overseas monetary authorities. For the period requested, the figures are as follows: