The text on this page has been created from Hansard archive content, it may contain typographical errors.
Captain CAZALET
asked the Chancellor of the Exchequer whether he will give particulars of the result of the recent issue of the 5 per cent. Conversion Loan; and how much of the 5 per cent. War Loan (1929–1947) has been converted?
Mr. P. SNOWDEN
The amount of 5 per cent. Conversion Loan, 1944–64, issued for cash subscriptions is £155,325,000, and by Conversion from 5½ per cent. Treasury Bonds, 1930, £80,372,000. 5 per cent. War Loan, 1929–47, to a total of approximately £88,500,000 has also been converted into 5 per cent. Conversion Loan, 1944–64.