The rates of interest charged on Public Works Loan Board (PWLB) loans are determined by the UK Debt Management Office (DMO) using a methodology specified by HM Treasury (HMT) in accordance with section 5 of the National Loans Act 1968.<\/p>
<\/p>
Under section 2 of the Public Works Loans Act 1965, loans to local authorities are automatically secured on all the revenues of the local authority.<\/p>
<\/p>
The repayment terms of the loans are dependent on the type of loan and repayment method. This can be a mix of principal and interest during the life of the loan, or interest only with the entire principal repaid at the end of the term.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1091", "label" : {"_value" : "Biography information for Lord Bates"} } , "answeringMemberPrinted" : {"_value" : "Lord Bates"} , "dateOfAnswer" : {"_value" : "2018-12-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-12-18T16:32:19.627Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-12-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Public Works Loan Board"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government what rates of interest the Public Works Loan Board charges to local authorities; what security, if any, it requires for such loans; and what are the normal repayment terms for its loans.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1132", "label" : {"_value" : "Biography information for Lord Lee of Trafford"} } , "tablingMemberPrinted" : [{"_value" : "Lord Lee of Trafford"} ], "uin" : "HL12038"} , {"_about" : "http://data.parliament.uk/resources/1006690", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1006690/answer", "answerText" : {"_value" : "
There are currently 337,279 unclaimed Premium Bonds prizes worth £19,553,650.<\/p>
<\/p>
Premium Bond holders can check if they have any unclaimed prizes on NS&I\u2019s website www.nsandi.com/do-i-have-any-unclaimed-prizes<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1091", "label" : {"_value" : "Biography information for Lord Bates"} } , "answeringMemberPrinted" : {"_value" : "Lord Bates"} , "dateOfAnswer" : {"_value" : "2018-11-27", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-11-27T15:27:25.173Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-11-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Premium Bonds"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government what is the total value of unclaimed Premium Bond prizes.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1132", "label" : {"_value" : "Biography information for Lord Lee of Trafford"} } , "tablingMemberPrinted" : [{"_value" : "Lord Lee of Trafford"} ], "uin" : "HL11470"} , {"_about" : "http://data.parliament.uk/resources/1006691", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1006691/answer", "answerText" : {"_value" : "
As of 8 November 2018, 517,629 customers hold the maximum £50,000 investment in Premium Bonds.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1091", "label" : {"_value" : "Biography information for Lord Bates"} } , "answeringMemberPrinted" : {"_value" : "Lord Bates"} , "dateOfAnswer" : {"_value" : "2018-11-27", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-11-27T15:25:15.087Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-11-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Premium Bonds"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government how many bond holders own the maximum quantity of Premium Bonds.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1132", "label" : {"_value" : "Biography information for Lord Lee of Trafford"} } , "tablingMemberPrinted" : [{"_value" : "Lord Lee of Trafford"} ], "uin" : "HL11471"} , {"_about" : "http://data.parliament.uk/resources/1006692", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1006692/answer", "answerText" : {"_value" : "
Premium Bonds have been on sale since 1956 and for several years customers were not required to provide personal information such as their date of birth. This information is now required from Premium Bonds customers. The age profile of Premium Bond holders where it does hold their date of birth is:<\/p>
<\/p>
Age (years)<\/p><\/td> | Customers (number)<\/p><\/td> | Customers (%)<\/p><\/td><\/tr> |
<\/p><\/td> | 767,730<\/p><\/td> | 4%<\/p><\/td><\/tr> |
16-24<\/p><\/td> | 650,048<\/p><\/td> | 3%<\/p><\/td><\/tr> |
25-34<\/p><\/td> | 1,239,173<\/p><\/td> | 6%<\/p><\/td><\/tr> |
35-44<\/p><\/td> | 1,642,628<\/p><\/td> | 8%<\/p><\/td><\/tr> |
45-54<\/p><\/td> | 2,392,024<\/p><\/td> | 11%<\/p><\/td><\/tr> |
55-64<\/p><\/td> | 2,131,474<\/p><\/td> | 10%<\/p><\/td><\/tr> |
65-74<\/p><\/td> | 1,879,853<\/p><\/td> | 9%<\/p><\/td><\/tr> |
>74<\/p><\/td> | 1,492,691<\/p><\/td> | 7%<\/p><\/td><\/tr> |
Unknown<\/p><\/td> | 8,734,883<\/p><\/td> | 42%<\/p><\/td><\/tr><\/tbody><\/table>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1091", "label" : {"_value" : "Biography information for Lord Bates"} } , "answeringMemberPrinted" : {"_value" : "Lord Bates"} , "dateOfAnswer" : {"_value" : "2018-11-27", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-11-27T15:25:02.297Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2018-11-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Premium Bonds"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government what is the age profile of Premium Bond holders.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1132", "label" : {"_value" : "Biography information for Lord Lee of Trafford"} } , "tablingMemberPrinted" : [{"_value" : "Lord Lee of Trafford"} ], "uin" : "HL11472"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 4, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} } |