CA-6.4.46

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.

Non-controlled Early Amortisation Features

  Uncommitted Committed
Retail credit lines 3-month average excess spread Credit Conversion Factor (CCF)

133.33% or more of trapping point

0% CCF

less than 133.33% to 100% of trapping point

5% CCF

less than 100% to 75% of trapping point

15% CCF

less than 75% to 50% of trapping point

50% CCF

less than 50% of trapping point

100% CCF
100% CCF
Non-retail credit lines 100% CCF 100% CCF
Amended: April 2011
Apr 08