1.   The note issue also follows a pronounced seasonal pattern throughout the year rising, in particular, at Easter and Christmas.

2.   As you can see from the balance sheet for the Issue Department, the note issue is backed by government and other securities.

3.   The size of the note issue also depends on Bank of England intervention in the money market.

4.   The Issue Department is responsible for the note issue.

5.   And why did it not include in its prospectus for the note issue the kind of warning that it sent to Citron?

6.   Details of the note issue will be advertised over the weekend, he said, and individual investors will be able to place orders on Monday.