We will continue to purchase assets at a monthly pace of € billion until March. Starting from April, our net asset purchases will run at a monthly pace of € billion, and we will reinvest the securities purchased earlier under our programme, as they mature. This will add to our monthly net purchases.
Mr Chairman and Distinguished Delegates, the importance of ICT Governance can never be over emphasized. You may recall that infamous scandals such as Enron in the USA, were largely caused by lack of resilient and sound corporate governance structures within the corporation. It is therefore only prudent that we must embrace and implement proper corporate governance structures in our central banks.