‹ PRU 4.14.58 PRU 4.14.60 › PRU 4.14.59 Where the securitisation does not require Excess Spread to be trapped, the trapping point is deemed to be 4.5 percentage points greater than the Excess Spread level at which Early Amortisation is triggered. ‹ PRU 4.14.58 PRU 4.14.60 ›