Mr. Barry D'Arcy:

I am not sure of the details of the specific case to which the Senator refers, but customers who were on a tracker rate prior to being on a fixed rate would typically have rolled to the standard variable rate which would have been considered to be the prevailing rate, unless they had within their contracts a right to be on a rate that included a margin, plus the ECB rate. It, therefore, depends on the individual contract of the customer.