CA-6.4.41
Past version: Effective from 01 Apr 2008 to 31 Mar 2011
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The bank must divide the excess spread level by the transaction's excess spread trapping point to determine the appropriate segments and apply the corresponding conversion factors, as outlined in the following table.
Controlled early amortisation features
| Uncommitted | Committed | |
| Retail credit lines | 3-month average excess spread Credit Conversion Factor (CCF) 133.33% of trapping point or more 0% CCF less than 133.33% to 100% of trapping point 1% CCF less than 100% to 75% of trapping point 2% CCF less than 75% to 50% of trapping point 10% CCF less than 50% to 25% of trapping point 20% CCF less than 25% 40% CCF |
90% CCF |
| Non-retail credit lines | 90% CCF | 90% CCF |
Apr 08