Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

Well, I'll come to that now. What happened after that then was the NTMA advised that the 40-year bond would be a good idea. And when we put it to Frankfurt, they wouldn't entertain it, and then there was a deadlock. And then somebody suggested to me that there was a different way of doing it if we had a series of bonds of different duration-----