Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The reason I say this is that, usually, the contract will state that at the end of the fixed period, the person will revert to the tracker rate. More than likely, however, at the second MFA, because trackers were withdrawn at the time, when they fixed for the second time, they would not have had that obligation. That is what we are talking about here. The reason they fixed the second time is because the bank did not offer them the option of a tracker. Mr. O'Beirne is saying to me clearly that this type of cohort is deemed as impacted by the bank.