Entire section Custom print Link Text Only Rich Text Print
  Versions

 

CA-6.4.41

The conventional bank licensee 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
January 2015