Mr. Des Carville:

To back up what the Minister has just said, and this was covered by NAMA previously too, nine bidders were invited into the process. When NAMA did an analysis of bidders in the commercial real estate market in Europe from 2013 to 2015 that would have undertaken loan transactions in excess of €1 billion, those nine bidders accounted for 88% in European terms and 92% in UK and Irish terms. Certainly, in terms of the universe of potential bidders, the universe was covered.