A variety of factors go into the setting of the domestic stability buffer. A large part of it relates to the strength of the economy and the growth in underlying assets, as well as broader questions around risk, such as household debt and consumer debt, as examples.
In this particular case, the release was very much one whereby we wanted to have a sufficient enough release to be meaningful to support lending across the economy. Typically, we have used on increases increments around a quarter of a per cent to half a per cent. We felt that it needed to be significant and large in order to convey the significance of the response and to provide clarity to institutions so that they have a clear runway to use that.
Obviously, we have the benefit of international practice to see what other jurisdictions have done as well, in order to calibrate the overall response, but we felt that the one and a quarter per cent was a response to the situation and was significant.