We have a lot to be thankful for. None of this is to deny that we face some pretty serious challenges, but as I listened to the finance ministers and central bank governors in Washington DC, I kept thinking I wouldn't want to trade our place for anybody else's.
We have also announced that within each jurisdiction securities will be purchased in proportion to the total amount outstanding, which will be done with certain degree of flexibility to accommodate counterparty offers in a smooth manner. This should prevent significant dislocations along the yield curves and other similar undesirable market distortions.