§ Mr. LawsonTo ask the Chancellor of the Exchequer if he will publish a table showing, for each month from January 1986 to the present(a) the average three-month interbank rate, (b) the average three-month interbank rate in real terms, using the retail prices index excluding mortgage interest payments as the deflator and (c) the percentage growth in bank and building society lending over the same month in the previous year.
§ Mr. Norman LamontThe information requested is in the following table: 317W
318W
Average 3 month interbank rate Average 3 month interbank rate less RPI excluding mips Percentage growth in bank and building society lending over same month in previous year 1986 January 12.8 7.6 16.2 February 12.7 7.5 17.3 March 11.7 7.4 16.6 April 10.5 6.8 16.5 May 10.2 6.9 16.5 June 9.8 6.2 17.2 July 10.0 6.4 17.8 August 9.8 6.2 18.4 September 10.1 6.6 18.1 October 11.0 7.5 18.8 November 11.2 7.6 19.6 December 11.4 7.6 20.2 1987 January 11.1 7.2 20.5 February 10.9 6.9 19.8 March 10.0 5.9 19.1 April 9.8 6.0 19.6 May 8.8 4.8 19.5 June 8.9 5.2 19.3 July 9.2 5.3 19.6 August 10.0 6.1 18.9 September 10.2 6.4 20.1 October 10.0 5.9 19.3 November 9.0 4.8 18.9 December 8.8 4.7 19.1 1988 January 9.0 5.1 20.1 February 9.3 5.5 20.0 March 8.9 4.9 20.9 April 8.3 3.9 21.9 May 8.0 3.5 22.3 June 8.9 4.0 22.9 July 10.6 5.3 23.6 August 11.4 6.1 24.1 September 12.2 6.6 24.3 October 12.0 6.6 24.7 November 12.3 6.9 24.6 December 13.1 7.6 24.6 1989 January 13.1 7.2 24.5 February 13.0 6.9 24.3 March 13.1 7.0 24.3 April 13.1 6.8 23.5 May 13.1 6.7 23.3 June 14.2 7.8 22.5 July 13.9 7.7 21.6 August 13.9 7.7 21.9 September 14.0 7.8 22.1 October 15.0 8.4 21.4 November 15.1 8.5 20.9 December 15.1 8.5 21.2 1990 January 15.2 8.5 20.4 February 15.1 8.4 20.7 March 15.3 8.5 20.4 April 15.2 6.8 19.7 May 15.2 6.5 19.3 June 15.0 6.3 18.7 July 14.9 6.1 17.7 August 15.0 5.4 16.7 September 14.9 4.9 15.7 October 14.0 4.1 15.5 November 13.6 4.1 15.4 December 13.8 4.4 13.8 1991 January 14.0 5.0 13.1 February 13.3 4.3 12.4 March 12.4 3.7 11.1