Written question asked by Vincent Cable (Liberal Democrat) on Thursday, 26 March 2009, in the House of Commons. It was due for an answer on Monday, 30 March 2009. It was answered by Ian Pearson (Labour) on Tuesday, 21 April 2009 on behalf of the Treasury.

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Banks: Finance

Question

To ask the Chancellor of the Exchequer if he will publish details of the hedging strategies entered into with (a) Lloyds Banking Group and (b) RBS to cover non-sterling denominated assets in the Asset Protection Scheme; and if he will make a statement.

Answer

Further detailed information about the assets in the scheme will be provided at the time that final contracts are signed.

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Secondary information

Type

Written question

Reference

491 c636W; 268092

Session

2008-09

Subjects

Banks Finance

Link

View this Written question on www.publications.parliament.uk