asked the Chancellor of the Exchequer what is the total amount of premiums which will in due course have to be paid when all outstanding issues of National War Bonds have been redeemed?

The amount of the premiums which would have to be paid if all the National War Bonds outstanding on the 31st March last were held till maturity is approximately £35,750,000. Conversion operations meantime may, of course, effect a considerable variation in the amount of the bonds on which premium will actually be paid.