diff --git a/contracts/p1/BackingManager.sol b/contracts/p1/BackingManager.sol
index 431e0796..eb506004 100644
--- a/contracts/p1/BackingManager.sol
+++ b/contracts/p1/BackingManager.sol
@@ -173,7 +173,7 @@ contract BackingManagerP1 is TradingP1, IBackingManager {
         if (rsr.balanceOf(address(this)) > 0) {
             // For CEI, this is an interaction "within our system" even though RSR is already live
             IERC20Upgradeable(address(rsr)).safeTransfer(
-                address(rsrTrader),
+                address(stRSR),
                 rsr.balanceOf(address(this))
             );
         }
