§ Sir G. Sinclairasked the Chancellor of the Exchequer what is the total external indebtedness of the Government showing separately the current totals of short, medium and long-term loans.
§ Mr. Robert SheldonThe total identifiable short, medium and long-term external debts of Her Majesty's Government outstanding at the latest dates for which information is available are as follows:
End-May 1976 £ million Foreign currency: Official Short and Medium-Term: Her Majesty's Government Loan 1,410 IMF oil facility 645 IMF first credit tranche 450 Official Long-Term 2,255
End-December 1975 £ million Sterling: CMI holdings of British Government Stocks and Treasury Bills 2,383 Other holdings of British Government Stocks and Treasury Bills 1,116 The foreign currency figures are converted into sterling at the exchange rates operating at the close on 8th June.