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Sterling Balances (Basle Facility)

Volume 957: debated on Wednesday 8 November 1978

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asked the Chancellor of the Exchaquer, further to his Written Answer on sterling balances and the Basle facility,Official Report, 10th February 1977, columns 811–12, if he will now give details of the amounts, currencies and purchasers of the foreign currency bonds issued by Her Majesty's

AllotmentSterling equivalent at time of issue £ million
8⅜ per cent. U.S. Dollar Bonds 1982: $202 million117·5
8⅝ per cent. U.S. Dollar Bonds 1984: $88 million51·1
8⅞ per cent. U.S. Dollar Bonds 1987: $18 million10·5
7½ per cent. Deutschemark Bonds 1984: DM365 million 88·8
5⅞ per cent. Swiss Franc Bonds 1984: SF360 million82·3
8 percent. Yen Bonds 1984: Y21·5 billion45·1
It is not our practice to divulge the holdings of individual countries.