HC Deb 21 April 1989 vol 151 c328W
Mr. Andrew Bowden

To ask the Chancellor of the Exchequer if he will estimate the number of persons holding 21/2 per cent. Treasury stock 1975 issued in 1946–47; and what is the size of the average holding.

Mr. Lilley

There are approximately 12,300 registered holders of 21 per cent. Treasury stock 1975 or after with an average size holding of £38,700. It is impossible without undue cost to distinguish between personal and corporate holdings.

Mr. Andrew Bowden

To ask the Chancellor of the Exchequer what would be the cost of redemption of 21/2 per cent Treasury stock 1975.

Mr. Lilley

The cost of redemption of 2± per cent Treasury stock 1975 or after would be £475 million.

Mr. Andrew Bowden

To ask the Chancellor of the Exchequer what plans he has to redeem 21/2 per cent Treasury stock 1975.

Mr. Lilley

None.