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Proceeding contribution from Lord Myners (Labour) in the House of Lords on Tuesday, 3 February 2009. It occurred during Debate on bill on Banking Bill.

Banking Bill

My Lords, I thank the noble Lord, Lord Oakeshott, for giving way. What I said—and I chose my words very precisely—was that the ratio of sterling to bund interest rates saw sterling within the favourable band of the medium-term trend. I was not talking about absolute rates, but rather medium-term relativities. I am in contact with what the gilt market does.

Secondary information

Type
Proceeding contribution
Reference
707 c650 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Consumers Accountability Audit Assets Debts Bank services Banks Delegated legislation Advisory services Bank of England Finance Liability Financial institutions Insolvency Government assistance Financial Services Authority Holding companies Protection Payments Public interest Public sector Public expenditure Parliamentary scrutiny Loans Post offices Post Office Nationalisation Regulation Rural areas Treasury Financial Services Compensation Scheme National Loans Fund Financial Stability Committee Sunset clauses Retrospective legislation
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk