HC Deb 14 December 1979 vol 975 cc803-4W
Mr. Craigen

asked the Secretary of State for Employment if he will list the investments made with moneys from the redundancy fund, giving details of rates of interest, maturity dates and yield.

Title and rate of interest Maturity date Nominal £k
Treasury Stock 9½% 1980 15,600
Exchequer Stock 13% 1980 15,000
Treasury Stock 9¾% 1981 12,400
Exchequer Stock 8¼% 1981 15,000
Exchequer Stock 12¾% 1981 2,600
Treasury Stock 8½% 1980–82 9,300
Treasury Stock 14% 1982 4,920
Exchequer Stock 9¼% 1982 15,000
Exchequer Stock 8¾% 1983 9,200
Treasury Stock 12% 1983 6,900
Treasury Stock 9¼% 1983 10,150
Exchequer Stock 10% 1983 9,900
Treasury Stock 12% 1984 5,100
Local Authority Loans 16¼–17½ % Within one year 3,815
Ways and Means @ 15 9/16% 1,330
Cash Balance 4
136,219
£k
(a) Purchase price of stock 132,000
(b) 1 year's income on the nominal stockholdings at the rates of interest shown above 14,093

reductions made in the House on 6 December, the Health and Safety Commission and its Executive will be reviewing the allocation of resources to future programmes of work, including Her Majesty's Factory Inspectorate.