Mr. John Moran:

One will see very little impact on historical debt. The traditional way of issuing Government debt is as a fixed rate. That is one of the features in the new promissory note replacement bonds. It is somewhat unusual that they are floating rate bonds. Where the savings come in, I do not think that we have a document that I could show the committee is in the debt as it is replaced by the State. To the extent that it can be replaced at a cost that is less than the interest currently being paid on the debt, we will start to see a recovery.