Skip to main content

Treasury Stock

Volume 124: debated on Tuesday 15 December 1987

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Chancellor of the Exchequer if he will estimate the number of persons holding 2½ per cent. Treasury stock 1975 issued in 1946–47, and the size of the average holding.

[holding answer 14 December 1987]: There are approximately 13,400 registered holdings of 2½ per cent. Treasury stock 1975 or after with an average size of £35,600. It is impossible without undue cost to distinguish between personal and corporate holdings.

To ask the Chancellor of the Exchequer what would be the cost of redemption of 2½ per cent. Treasury stock 1975.

[holding answer 14 December 1987]: The cost of redemption of 2½ per cent. Treasury stock 1975 or after would be £475 million.

To ask the Chancellor of the Exchequer what plans he has to redeem 2½ per cent. Treasury stock 1975.

[holding answer 14 December 1987]: There are no plans to redeem 2½ per cent. Treasury stock 1975 or after.