That said, I will emphasize that the use and interpretation of such prescriptions require  10  These individual projections are published quarterly in the Summary of Economic Projections that accompanies the release of the minutes from the March, June, September and December meetings of the FOMC.
Furthermore, we expect to announce the key parameters of the stress test exercise together with the European Banking Authority (EBA) towards the beginning of next year. In this context, let me explain again the treatment of sovereign bonds: The Asset Quality Review is a valuation exercise where we will apply the current regulatory framework.