HL Deb 30 June 1987 vol 488 cc237-8WA
Lord Brougham and Vaux

asked Her Majesty's Government:

On what terms the Commonwealth Development Corporation receives loans from the AID programme.

Lord Glenarthur

It has been decided that from 1987–88 loans to the corporation from the AID programme should be at 3½ per cent. interest and repayable over 25 years with a seven years' grace period.