HC Deb 02 March 1984 vol 55 c366W
Mr. Fisher

asked the Chancellor of the Exchequer in what way the public sector borrowing requirement accounts for (a) the effect of inflation on the value of existing unindexed debt or (b) changes in the value of public sector financial assets.

Mr. Peter Rees

[pursuant to the reply, 28 February 1984, c. 125]: The public sector borrowing requirement is not affected by changes in nominal or real values of existing unindexed public sector debt or by changes in the real value of existing public sector assets.