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Public Works Loan Board

Question for Treasury

UIN 247138, tabled on 24 April 2019

To ask the Chancellor of the Exchequer, what the repayment terms are for loans made to local authorities through the Public Works Loan Board.

Answered on

30 April 2019

The repayment terms for loans provided by Public Works Loan Board (PWLB) depend on the type of loan taken out by the local authority. Two types of loan are available from the Board: fixed rate and variable rate loans. Full details of the repayment terms of PWLB loans are available in the PWLB’s lending arrangements circular: https://www.dmo.gov.uk/media/15841/circular-160.pdf.

Answered by

Treasury