§ Mr. Brothertonasked the Chancellor of the Exchequer (1) if he will give quarterly estimates of short-dated Government securities, maturity up to five years, and Treasury bills held by the non-bank United Kingdom resident public for the last 10 years;
(2) if he will give quarterly estimates of short-dated Government securities, maturity up to five years, and Treasury bills sold to the non-bank United Kingdom public for the last 10 years.
§ Mr. DellThe information available is given in the table below. Estimates of the amount of Treasury bills held and net purchases by the non-bank United Kingdom public are available on a quarterly basis. But this sector's holdings of short-dated Government securities are estimated only on an annual basis, as 405W at 31st March. These estimates are provided in an annual article in the Bank of England Quarterly Bulletin.
NON-BANK UNITED KINGDOM PUBLIC Net Purchases of Treasury Bills Holdings of Treasury Bills Holdings of Government Securites 0–5 years Quarter ended £m. £m. £m. December 1965 -26 159 March 1966 5 154 2,223 June 1966 +2 156 September 1966 -7 149 December 1966 -12 137 March 1967 -21 116 1833 June 1967 +29 145 September 1967 +7 152 December 1967 -20 132 March 1968 -17 115 2,752 June 1968 -28 87 September 1968 +12 99 December 1968 -14 85 March 1969 -12 73 2,431 June 1969 -13 60 September 1969 +14 74 December 1969 -3 71 March 1970 -5 66 2,412 June 1970 +4 70 September 1970 -5 65 December 1970 +9 74 March 1971 -13 61 2,482 June 1971 -9 52 September 1971 +4 56 December 1971 +15 71 March 1972 -14 57 2,593 June 1972 -12 45 September 1972 +3 48 December 1972 +5 53 March 1973 -1 52 2,720 June 1973 -15 37 September 1973 +5 42 December 1973 -3 39 March 1974 +7 46 3,232 June 1974 +3 49 September 1974 +124 173 December 1974 +8 181 March 1975 -86 95 6,578 June 1975 +52 147 * 144 September 1975 +413 557 * Change in statistical series. Sources: Bank of England Quarterly Bulletin. Financial Statistics.