justin knight is with us from ubs. justin, the tltr rrktltros. we've got more movement with that coming up in june. >> yes we do. we have the tltro 2 take up. not easy to say but it is happening on the 24th of june. that will be the announcement how much banks will taking up at this new --. i think more importantly it will be the repayments of the first tltro. the first voluntary repayment date has been brought forward by the ecb to the 29th of june and we'll get an announcement on the 10th of june as to how much they are repaying. i remember the first tltro took place before qe. so before the ecb started injecting huge deposits into the system. and therefore what it means is banks are awash with cash we think and they will be wanting to repay that. because they can't lend that cash at positive rates. at least on a risk-free basis. but they still have to pay zero percent on deposits. so we think the net effect will be a repayment, in other words a involuntary drain of funds, reduction of the ecb's balance sheet. >> is it too toerl say whether or

knight riders. some celebrities expect to attend include, chris hemsworth, and michael j. fox from back to the future. the fun takes place at the pennsylvania convention center. lets check on weather with justinne to the south. margate, a a few people sitting on the beach early this morning enjoying temperatures in the 60's with the the sun probably feels good out there, nice light breeze off the ocean. you can see clear conditions across south jersey, central southern delaware but go further inland and still have some clouds to deal with. limited sunshine, but it is a warm humid day, mid 80's for philadelphia, mid 70's at the shore and poconos tomorrow, showers with some late day strong to severe thunderstorms and humidity drops next week, cools down to the 07's by wednesday, rahel. >> and that is it for "eyewitness news" this morning, follow us on our web site at cbs i don't want to lie down. i refuse to lie down. why suffer? stand up to chronic migraine... with botox®. botox® is the only treatment for chronic migraine shown to actually prevent headaches and migraines before they even start. botox® is for adults with chronic migraine, 15 or more headache days a month each lasting 4 hours or