The following minimum PDs shall apply:
0,09 % for exchange traded equity exposures where the investment is part of a long-term customer relationship;
0,09 % for non-exchange traded equity exposures where the returns on the investment are based on regular and periodic cash flows not derived from capital gains;
0,4 % for exchange traded equity exposures including other short positions as set out in part 1, point 20; and
1,25 % for all other equity exposures including other short positions as set out in Part 1, point 20.