Mr. William Beausang:

Well ... I ... see there was an awareness that the ... that the NTMA ... that the ... that the institutions that NTMA was or wasn't placing deposits with was creating a differentiation. I mean ... and that's my ... my knowledge or my awareness from a ... kind of, a ... from a ... at a bit of a remove because it was something that, as I said, was dealt with by another official in the Department at the time. I wasn't directly involved in those discussions or the ... decision making, or indeed, I mean, directions ultimately issued from the Minister for Finance, I think, to the NTMA to place ... to place deposits because that was the only basis the NTMA would ultimately place them, I understand.