PARLIAMENTARY WRITTEN QUESTION
Public Works Loan Board (29 April 2019)

To ask the Chancellor of the Exchequer, what estimate he has made of the value of the loans from the Public Loans Work Board that were annuitised over their lifetime; and what proportion of those loans were repayable only on maturity.

Asked by:
Chris Philp (Conservative)

A breakdown of Public Works Loan Board (PWLB) loans by repayment type is published annually in the PWLB Report and Accounts which is available on the UK Debt Management Office’s website at: www.dmo.gov.uk/publications/?offset=0&itemsPerPage=20&parentFilter=1438&childFilter=1438|1466&startMonth=1&startYear=1998.

As at end March 2019 the breakdown of all outstanding PWLB loans by repayment type was as follows: £3.6bn (4.7%) were Annuity loans; £3.3bn (4.3%) were advanced as Equal Instalments of Principal loans; and £70.6bn (91%) were Maturity repayment loans.

Answered by:
Elizabeth Truss (Conservative)
8 May 2019