Mr. Jeremy Masding:

There is not. That is the best way to answer the Deputy's question. Let me provide some context. As I told Deputy Doherty, we concluded a significant exercise to try to reach the best perimeter possible. That resulted in us excluding 48% of the original perimeter. We have now entered into a commercial agreement with the purchaser that precludes us from disclosing its details. What I can confirm is that all loans at the time of signing were non-performing loans, NPLs. Post signing and subject to final reconciliation, there will be no further exclusions. This also means that there will be no further inclusions. By definition, banking is an evolving beast and there will be customers who go into NPL status between 31 July and the day of the final cash consideration.

There will be no further inclusions either. That is essentially conventional market practice. Regarding the deleveraging we have done and any future capital market relationship, it is important that Permanent TSB meets the standards the capital markets expect.