HC Deb 20 May 1988 vol 133 c583W
Mr. Tom Clarke

To ask the Chancellor of the Exchequer if he will publish a table in theOfficial Report showing, for each year from 1973 to 1987, the average interest rate for six-month Eurodollar variable debt.

Mr. Lilley

The information requested is set out in the table.

Six month Eurodollar interest rates (Per cent. per annum)
Year Per cent.
1973 9.3
1974 11.1
1975 7.6
1976 6.1
1977 6.4
1978 9.4
1979 12.0
1980 14.1
1981 16.5
1982 13.2
1983 9.8
1984 11.0
1985 8.5
1986 6.6
1987 7.2

Source: Bank of England