Skip to main content

Auction Market Preferred Stock

Volume 205: debated on Tuesday 10 March 1992

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

To ask the Secretary of State for Trade and Industry whether he has referred the accountancy valuation status and practice of auction market preferred stock to the Accounting Standards Board.

No. The Accounting Standards Board raised the question of auction market preferred shares in its recent discussion paper on accounting for capital instruments.

To ask the Secretary of State for Trade and Industry what representations he has had about the status of auction market preferred stock.