Mr. Fergus Murphy:

Well I don't agree with the term "green jersey". It's not one that EBS used, or I had in our vernacular. I think that in terms of lending to other financial institutions in Ireland, small quantums, I think up to €200 million per bank. Now, I say that in the context of international debt markets where the numbers are typically very, very large. In the context of the Irish banks at that point in time being under a two-year guarantee, it was legitimate to increase our limit to the Irish banks for the period ... within the guarantee period to ensure that liquidity in the local domestic market was reasonable. So it would have been looked at and implemented in that context so that no exposures outside the guarantee period, the CIFS guarantee period, and working to ensure that liquidity in the local marketplace was reasonable.