HC Deb 23 June 1980 vol 987 cc56-7W
Mr. Michael Spicer

asked the Chancellor of the Exchequer what has been the total amount borrowed by central Government through the issue of Government stock since May 1979.

Mr. Lawson

The increase in the nominal value of debt in respect of Government stocks issued since 1 May 1979 is £17,850 million. So far £15,724 million in respect of this increase has been paid into the National Loans Fund. A further £1,020 million in respect of this increase remains to be paid into the National Loans Fund under the terms of issue of the stocks concerned.

Also since 1 May 1979, £1,120 million was received into the National Loans Fund in respect of Government stocks issued prior to that date. £4,537 million in Government stocks has been repaid since 1 May 1979.