§ Mr. William Clarkasked the Chancellor of the Exchequer how much Treasury stock of new issues have been 606W made since 1st October 1976; what amounts have been bought by (a) overseas residents, (b) individuals, and (c) institutional buyers; and what is the rate of interest payable.
§ Mr. Denzil DaviesSince 1st October 1976 issues for cash by Her Majesty's Treasury have totalled £6,100 million of stock. The details are as follows:—
Rate of interest (coupon) Per cent. £400 million Treasury Stock 1982 3 £600 million Treasury Loan 1998 15½ £600 million Treasury Stock 1982 14 £600 million Treasury Loan 1996 15¼ £800 million Exchequer Stock 1980 13 £500 million Treasury Loan 1998 (further tranche) 15½ £750 million Treasury Loan 1996 (further tranche) 15¼ £600 million Exchequer Stock 1981 12¾ £1,250 million Treasury Loan 1993 13¾ I regret that the information requested as to holders is not available. Latest available estimates are published in Financial Statistics.