Some have asked how heavy reliance by some banks on Eurosystem funding will influence the next step of the exit from the non-standard measures. It is true that some banks under the current market circumstances have relied a lot on our operations. This is not a normal situation.
Should some banks still need to resort to our funding extensively once markets are closer to normal, we would have to judge whether their funding constraints are a result of remaining market problems or whether they are primarily attributable to weaknesses in their balance sheets.