Mr Major’s Written Parliamentary Answer on Public Sector Debt – 16 February 1989

Below is the text of Mr Major’s written Parliamentary Answer on Public Sector Debt on 16th February 1989.

Mr. Cousins To ask the Chancellor of the Exchequer what amount of public sector debt was (a) created and (b) repaid in each of the last five financial years, and if he will give an estimate for 1988–89.

Mr. Major Figures for the creation and the repayment of all public sector debt instruments are not readily available. However, figures for official sales and redemptions of Government marketable securities are given in table 3.5 of “Financial Statistics” (published by the CSO).