The first part of your question was whether deposit-taking institutions are eligible. The answer is, no, they are not for this program. The reason is that we have a number of other programs and have made a number of other changes that have given them the liquidity that is helping them make sure those funds are being channelled to businesses and households.
With respect to the program, it would be senior secured and unsecured debt of highly rated Canadian incorporated institutions. The cut-off for the rating would be BBB. That's just above the lowest level of investment grade. That means there is an eligible universe of just under $100 billion. We would commit to taking up as much as.... There's a cap of $10 billion on that.
There are other belts and suspenders, and the details are going to be worked out, but the eligible maturity would be between one and five years, not the longer-term debt. It's the shorter end of the market but is still a nice centre. It would also mean that we would have to think about concentration ratios, about how much of any particular issue we would be taking up and holding.
Those are the high-level details. When we get the program fully articulated, the full range of details will be made public.