MS will not get a hit.It’ll be Citibank who will be in trouble if they come with us using the logic that they expect 2pm.They won’t be able to reject receiving bond from us going forward until 2pm then. I’ll be very surprised if they will continue pushing us with this logic.Again, 2pm is just the hard cut-off in the market, and both side needs to agree whether to deliver/receive for each settlement in the first place.As I mentioned, Citibank Tokyo operation is required to be in the discussion, not just the relationship manager.I can’t pull them in unless front office at Citibank (perhaps via UBS) tells them so.