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CA-8.4.3

The following credit risk weights are applied for retained securitisation exposures where the Islamic bank licensee is the originator.

Long term rating45 Securitisation Exposure Re-securitisation Exposure
AAA to AA- 20% 40%
A+ to A- 50% 100%
BBB+ to BBB- 100% 225%
BB+ to BB- 350% 650%
B+ and below or unrated 1,250% 1,250%

Short term rating Securitisation Exposure Re-securitisation Exposure
A-1/P-1 20% 40%
A-2/P-2 50% 100%
A-3/P-3 100% 225%
All other ratings or unrated 1,250% 1,250%

45 The rating designations used in the following tables are for illustrative purposes only and do not indicate any preference for, or endorsement of, any particular external assessment system.

January 2015