Public Works Loan Board

HC Deb 18 October 1976 vol 917 c333W

Mr. Sillars

asked the Chancellor of the Exchequer what is the current Public Works Loan Board rate of interest.

Mr. Denzil Davies

The current Public Works Loan Board rates of interest on quota loans are:

	EIP	ER	Maturity
Up to 1 year	—	—	15¼
Over 1 but not over 5 years	15⅛	15⅛	15¼
Over 5 but not over 10 years	15¼	15½	16
Over 10 but not 15 years	15¾	16	16¼
Over 15 but not over 25 years	16⅛	16⅜	16⅜
Over 25 years	16⅜	16⅜	16⅜

These rates became effective on 13th October 1976.