We plan to continue on this path with every auction called by the Central Bank, that is, we do not want to use the LEBACs as an absorption instrument but basically as a reference rate. Another of our major goals will be to set what we know as a short-term reference rate.
In May this year, owing to tax due dates, especially income tax, many companies had to borrow money from the interbanking market, which led to a significant cash demand. Following this, the Central Bank set a rate for swaps. As you know, swap operations consist in the Central Bank buying and buying back bonds to borrow or lend money.