I assume, again, Mr. Chair, I don't have more than 60 minutes.
The short answer is that the bank purchased bonds on the market at market price, and these securities, these bonds, had a higher return or higher interest rate than what was available at that time. In bond markets, the principal goes up in value when a bond has an interest rate that is higher than what's available at that specific time. That's why the bank had to write it off: They paid slightly more, the face value, than the capital value of these bonds—