The reliance on T-bills in the short term is really reflective of T-bills essentially being a shock absorber, if you will. It's the most flexible part of the debt market.
The other comment I would offer is that if you look at the overall distribution of our debt, we have about 20% in T-bills, about 38% in the short-term and medium-term bonds, and about 42% in the long-terms. As we progress through 2021, we expect to see probably 70% of our financial requirements funded through bonds. You'll see some terming out of the debt that's currently being issued at the short end.
There will be significant increases in all sectors in the—