Mr. Ajai Chopra:

I am not familiar with that NTMA paper. But I think, you know, in... in my statement I mention that you know... I can’t remember the precise date but you know... around the time the programme started there may have been about €16 billion outstanding on the senior bonds, unsecured... unsecured, unguaranteed. You know, as a rule of thumb, if you... if you discount those by half, you get about €8 billion which is several percent of GDP.