HC Deb 15 November 1979 vol 973 c763W
Mr. Freud

asked the Chancellor of the Exchequer (1) what has been the annual rate of interest paid on premium bonds since their inception; and if he will list each year's interest rate against the average minimum lending rate then prevailing;

(2) what has been the saving to public funds over the past five years of paying premium bond prizes at the reduced interest rate rather than at current money market rates.

Mr. Lawson

I shall let the hon. Member have a reply as soon as possible.