Government Securities

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 23 June 1964.

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Photo of Mr Reginald Maudling Mr Reginald Maudling , Barnet 12:00, 23 June 1964

These are very wide subjects, difficult to deal with in Question and Answer. The Question referred to a national equity. This is a misconception, because equity involves an element of risk which is not present in a Government-guaranteed security.