Couldn't disclosed the DW fixed rate, and that's fair enough. But said that the resulting margin is "double digit", and that a fully ramped up DW would generate $10-15mio, in line with "double;e digits". With a portfolio at 20%, and a confirmed first loss at 10%, the maximum fixed rate to get to "double digit" is about 11%. it would be a very good result to be honest. I am surprised it is that good. But it was confirmed. Taking it face value, that's a good result.
Ann: Investor Presentation, page-5
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