Praet: Well, you see, the TLTRO-II is extremely advantageous for banks because they can borrow money at minus 40 basis points, so there is still a maturity of about one year. There is no incentive to go in a new one for a bank that could borrow at minus 40 except if you put the condition at minus 40, of course.
But you see here, there is no need to rush for the banks.