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Government Securities

Volume 501: debated on Wednesday 25 November 2009

To ask the Chancellor of the Exchequer what cost-benefit analyses his Department carried out to assess the value for money of the issuance of a sterling sukuk; and if he will make a statement. (300292)

The Government have looked carefully at the case for issuing sovereign sukuk and concluded that it would not offer value for money at the present time but it will keep the situation under review.