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Banks: Stocks and Shares

HM Treasury written question – answered on 25th February 2015.

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Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask Mr Chancellor of the Exchequer, what the notional value of derivatives held by banks regulated by the UK authorities is; and what information his Department holds on the maturity and exposure of such derivatives.

Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask Mr Chancellor of the Exchequer, what the derivatives exposure is of each bank regulated by the UK authorities.

Photo of Andrea Leadsom Andrea Leadsom The Economic Secretary to the Treasury

HM Treasury does not preserve specific information relating to the value, maturity or exposure of derivatives. Aggregate data on the derivative positions of UK banks is collected every quarter and made publicly available online by the Bank of England. The specific balance sheet position on derivatives for each bank will be published regularly in their annual report to shareholders.

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