And certainly in case we would see the current equilibrium being unsettled, the ECB would stand ready to act and add to liquidity. It is very easy for us to do so. We have instruments that are ready and usable. We stand ready to do it, but I do not see the need to do it today.
Would a negative deposit rate help to address the fragmentation in money markets? It is a very possible option. That is something we are considering very seriously. But you should not expect too much of it. It can help to provide an additional incentive, but it is not the answer to everything.