The credit spread risk factors to be applied by institutions to securitisation positions that do not belong to the CTP shall refer to the spread of the tranche rather than the spread of the underlying instruments and shall be the following:
Dejavniki tveganja kreditnega razmika, ki jih institucije uporabljajo za pozicije v listinjenju, ki ne spadajo v CTP, se nanašajo na razmik tranše in ne na razmik osnovnih instrumentov ter so naslednji: