entergy corporation and subsidiaries notes to financial statements rate of 2.04% ( 2.04 % ) .although the principal amount is not due until the date given in the tables above , entergy louisiana investment recovery funding expects to make principal payments on the bonds over the next five years in the amounts of $ 21.7 million for 2017 , $ 22.3 million for 2018 , $ 22.7 million for 2019 , $ 23.2 million for 2020 , and $ 11 million for 2021 .with the proceeds , entergy louisiana investment recovery funding purchased from entergy louisiana the investment recovery property , which is the right to recover from customers through an investment recovery charge amounts sufficient to service the bonds .in accordance with the financing order , entergy louisiana will apply the proceeds it received from the sale of the investment recovery property as a reimbursement for previously-incurred investment recovery costs .the investment recovery property is reflected as a regulatory asset on the consolidated entergy louisiana balance sheet .the creditors of entergy louisiana do not have recourse to the assets or revenues of entergy louisiana investment recovery funding , including the investment recovery property , and the creditors of entergy louisiana investment recovery funding do not have recourse to the assets or revenues of entergy louisiana .entergy louisiana has no payment obligations to entergy louisiana investment recovery funding except to remit investment recovery charge collections .entergy new orleans securitization bonds - hurricane isaac in may 2015 the city council issued a financing order authorizing the issuance of securitization bonds to recover entergy new orleans 2019s hurricane isaac storm restoration costs of $ 31.8 million , including carrying costs , the costs of funding and replenishing the storm recovery reserve in the amount of $ 63.9 million , and approximately $ 3 million of up-front financing costs associated with the securitization .in july 2015 , entergy new orleans storm recovery funding i , l.l.c. , a company wholly owned and consolidated by entergy new orleans , issued $ 98.7 million of storm cost recovery bonds .the bonds have a coupon of 2.67% ( 2.67 % ) .although the principal amount is not due until the date given in the tables above , entergy new orleans storm recovery funding expects to make principal payments on the bonds over the next five years in the amounts of $ 10.6 million for 2017 , $ 11 million for 2018 , $ 11.2 million for 2019 , $ 11.6 million for 2020 , and $ 11.9 million for 2021 .with the proceeds , entergy new orleans storm recovery funding purchased from entergy new orleans the storm recovery property , which is the right to recover from customers through a storm recovery charge amounts sufficient to service the securitization bonds .the storm recovery property is reflected as a regulatory asset on the consolidated entergy new orleans balance sheet .the creditors of entergy new orleans do not have recourse to the assets or revenues of entergy new orleans storm recovery funding , including the storm recovery property , and the creditors of entergy new orleans storm recovery funding do not have recourse to the assets or revenues of entergy new orleans .entergy new orleans has no payment obligations to entergy new orleans storm recovery funding except to remit storm recovery charge collections .entergy texas securitization bonds - hurricane rita in april 2007 the puct issued a financing order authorizing the issuance of securitization bonds to recover $ 353 million of entergy texas 2019s hurricane rita reconstruction costs and up to $ 6 million of transaction costs , offset by $ 32 million of related deferred income tax benefits .in june 2007 , entergy gulf states reconstruction funding i , llc , a company that is now wholly-owned and consolidated by entergy texas , issued $ 329.5 million of senior secured transition bonds ( securitization bonds ) as follows : amount ( in thousands ) .
[['', 'amount ( in thousands )'], ['senior secured transition bonds series a:', ''], ['tranche a-1 ( 5.51% ( 5.51 % ) ) due october 2013', '$ 93500'], ['tranche a-2 ( 5.79% ( 5.79 % ) ) due october 2018', '121600'], ['tranche a-3 ( 5.93% ( 5.93 % ) ) due june 2022', '114400'], ['total senior secured transition bonds', '$ 329500']]
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Question: what is the total expected payments on the bonds for the next 5 years for entergy new orleans storm recovery funding?
Answer: 56.3