§ 27. Mr. PawseyTo ask the Secretary of State for Trade and Industry what is the average premium rate of the Export Credits Guarantee Department in(a) France, (b) the United Kingdom and (c) Germany.
§ Mr. SainsburyThe premium rates quoted by export credit agencies vary greatly according to such factors as the market, the buyer and the horizon of risk. The average premium rate will therefore reflect the risk of business insured. The average premium rate charged by ECGD on business insured to date in 1991–92 is 4.27 per cent. Similar information on the average rate charged by French and German export credit agencies is not available.