Investor Presentaiton
Unsecured Benchmark Funding
Diversified across Tenor, Currency, Channel and Structure 2020 Benchmark Issuance by Currency through 3Q20
During the first nine months of 2020 we raised $14.2bn
of benchmark debt and preferred stock
■ No benchmark or preferred stock issuance in 2Q20 or 3Q20
Diversified across tenors, markets and currencies
■ ~6 year WAM of 2020 issuance
$0.4bn of perpetual preferred stock issued in 1Q20
USD
58%
EUR
42%
Benchmark Debt and Preferred Stock Issuance vs. Maturities¹ and Liability Management Actions ($bn)
$41.8
$27.2
$22.5
$18.7
$21.8
$14.2
$18.5
$5.4
Scheduled Maturities
$19.1
$17.9
2020YTD
2020
2021
2022
■Maturities
■Liability Management
13
2017
2018
2019
■Benchmark Issuance
Preferred Stock IssuanceView entire presentation