Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Yes, okay:

These events will result in Irish Banks attempting to access the market for senior unsecured debt. Integral to the success of the debt offering [...] is support from the domestic market. i.e. the banks will need to purchase significant quantities of each others bonds.

So this is ... this is a direction that Irish banks will start borrowing money from one another after the guarantee and securing bonds or borrowing bonds and everything else ... "Consequently, EBS Building Society will need to purchase debt issued by the [...] Irish institutions in order to get sufficient support to successfully issue a benchmark transaction of [its] own." So the suggestion there ... you start buying from other banks, that allows other banks to start buying from you. I'm correct there, yes?