§ Mr. Freemanasked the Chancellor of the Exchequer if he will estimate what proportion of new gilt issues, in the last 12 months for which statistics are available, were purchased by pension funds.
§ Mr. Ian StewartEstimates of the net acquisition of gilt-edged stocks by pension funds are published in "Financial Statistics", table 7.14. Net official sales are published in table 3.5 of "Financial Statistics". In the year to end-September 1984 pension funds net acquisition of gilts represented about 28 per cent. of the value of net official sales.