During the financial year ending March 2007 HM Treasury sent 85 per cent. substantive replies to hon. Members within target. Performances do not normally include holding replies but, exceptionally, where an issue may be subject to forthcoming policy or announcement changes such replies may be included if hon. Members are updated with the latest position and then further updated once those changes have been made. Holding replies account for around 2 per cent. of replies to hon. Members.