The Risk Premium of New Bonds

The new bonds are likely be a premium in terms of yield, like a discount in terms of price because people will worry that whether these are as secure as a, as a previously properly issued bond. Right. And we see that already now on T bills, right? Because we have T bills that mature later in June and that trading at like 538 at 20 basis points above software's. So the market is already starting to imply a risk premium to things that are happening in June. Okay. We haven't even hit the real problematic case yet where we actually run out of money and then something happens. But I would take that chance. They might not make an on political questions doctrine.