The only mortgages that we're buying are through the insured mortgage purchase program. I've given you the pricing of that in a chart, which will come to you through the chair. You will see that our pricing is deliberately competitive versus market products. In fact, we peg it off something called “covered bonds”. Covered bonds are sold in the market to European investors. They're effectively securitized mortgage bonds. Those, right now, in U.S. dollars, are 1.66%, and in euros, 1.63%. We are charging for IMPP, 1.71% to 1.88%, and we're doing that deliberately to make sure we're not the cheapest form of money and subsidizing this bond.
On May 19th, 2020. See this statement in context.