§ Mr. Andrew BowdenTo ask the Chancellor of the Exchequer if he will estimate the number of persons holding 2½ per cent. Treasury stock 1975 issued in 1946–47, and the size of the average holding.
§ Mr. Lilley[holding answer 14 December 1987]: There are approximately 13,400 registered holdings of 2½ per 428W cent. Treasury stock 1975 or after with an average size of £35,600. It is impossible without undue cost to distinguish between personal and corporate holdings.
§ Mr. Andrew BowdenTo ask the Chancellor of the Exchequer what would be the cost of redemption of 2½ per cent. Treasury stock 1975.
§ Mr. Lilley[holding answer 14 December 1987]: The cost of redemption of 2½ per cent. Treasury stock 1975 or after would be £475 million.
§ Mr. Andrew BowdenTo ask the Chancellor of the Exchequer what plans he has to redeem 2½ per cent. Treasury stock 1975.
§ Mr. Lilley[holding answer 14 December 1987]: There are no plans to redeem 2½ per cent. Treasury stock 1975 or after.