Finance committee  No, the currencies that are held in it are U.S. dollars, euros, Japanese yen, and sterling. The euro-denominated securities would include countries such as Germany, France, and the Netherlands, but not all European members. We have an internal credit rating assessment group. Th

Finance committee  The Bank of Canada would be able to continue to purchase and sell securities issued or guaranteed by the United Kingdom, yes. Without the amendment, the United Kingdom is not in the current legislation specifically broken out from members of the European Union.

Finance committee  They're all investment-grade, fixed-income securities mostly issued by sovereigns, but there are some super-sovereigns and agencies as well.

Finance committee  That would be correct, yes, the bulk of the portfolio. There would be some issued by agencies or government-guaranteed entities, but this is an extremely liquid, very high-quality portfolio.

Finance committee  No, securities can go out to ten and a half years, but given the nature of the securities we purchase, a ten-and-a-half-year U.S. treasury, bund, OAT, or U.K. gilt would be extremely liquid.

Finance committee  Right.