Ms Fidelma Clarke:

You were buying a higher amount of insurance, if I could just explain it to you for one moment. So at that time, EBS was buying insurance cover for the portion of a loan between 85% and 92% or 80% to 92% if people were borrowing to the maximum of what was allowed of them. What we then did was to say is if we reluctantly are going to offer 100% mortgage, we'll now need to insure from that 85% to 100%, so you're buying a bond for a larger amount of insurance-----