Related provisions for BIPRU 7.11.17
Table: simplified equity method PRAs
This table belongs to BIPRU 7.3.29R
Instrument 

Single equities 
12% 
Qualifying equity indices (see BIPRU 7.3.38R) 
8% 
All other equity indices or baskets 
12% 
If it is necessary to distinguish between the specific risk PRA and the general market risk PRA, the specific risk PRA for the first and third rows is 4% and that for the second row is 0%. The rest of the PRA in the second column is the general market risk PRA. 
Table: The hedging method of calculating the PRR (equities, debt securities and gold)
This table belongs to BIPRU 7.6.24R(1)  (3)
PRR 

In the money by more than the PRA 
In the money by less than the PRA 

Long in security or gold 
Long put 
Zero 
Wp 
X 
Short call 
Y 
Y 
Z 

Short in security or gold 
Long call 
Zero 
Wc 
X 
Short put 
Y 
Y 
Z 

Where: 

Wp means 
{(PRA100%) x The underlying position valued at strike price} 
+ 
The market value of the underlying position 

Wc means 
{(100% +PRA x The underlying position valued at strike price} 
 
The market value of the underlying position 

X means 
The market value of the underlying position multiplied by the appropriate PRA 

Y means 
The market value of the underlying position multiplied by the appropriate PRA. This result may be reduced by the market value of the option or warrant, subject to a maximum reduction to zero. 

Z means 
The option hedging method is not permitted; the option standard method must be used. 