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Mr. Chetwynd
asked the Chancellor of the Exchequer whether he has any statement to make about the investment of Savings Banks Funds' moneys.
Sir S. Cripps
Yes, £50 million of the balances in the Savings Banks Funds held by the National Debt Commissioners have been invested with the Exchequer on the security of a 3½ per cent. terminable annuity with a currency of 30 years.