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Dominions And Crown Colonies (Loans)

Volume 163: debated on Wednesday 9 May 1923

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asked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT a statement showing the total amount now outstanding of public loans to Governments of the Dominions and the Crown Colonies, with the rates of interest payable thereon?

The total amount owed by Dominions or Crown Colonies to His Majesty's Government on 31st March, 1923, was £148,718,000. Interest and in some cases sinking fund is being only paid at rates varying according to the interest rates of the War Loans from which advances were made. Details are given in the Annual Finance Accounts.