neville hill, penalty director -- managing director. there seems to be an overriding consensus that the ecb will extend stimulus by around six months what about the idea of tweaking the purchasing rule? neville: they will have to do that at some point. on current trends i think you're lucky to run out of bonsai november. it willely i october have to tweak some of the constraints they proposed to allow themselves to buy war bonds. mark: do you increase the maximum share the ecb is allowed to buy? or drop the rule that the ecb cannot buy bonds if it they are yielded love the deposit rate? neville: we think they might tweak a lot of the rules shift theo as not to market one direction. if they were to increase the proportion of any bond they buy, you are likely to see the bond curve flattened. if they allow themselves to the the rate -- they can say bonds he buy for the course of the month has the yield about the deposit rate. that could give them some flexibility. conversely they could say that for specific issues, most notably germany with