HC Deb 14 May 1990 vol 172 c275W
Mr. Thurnham

To ask the Secretary of State for Trade and Industry what further steps he will take to raise funds from the capital markets to reduce the costs of the fixed rate export finance scheme; and if he will make a statement.

Mr. Redwood

As part of a programme of measures to reduce the cost of ECGD's fixed rate export finance scheme, the Guaranteed Export Finance Corporation plc (GEFCO) issued a second £250 million bond issue on 8 May which again carried the guarantee of the Secretary of State. The previous issue was launched last July and further periodic issues are envisaged.