Investor Presentaiton
Pandemic Response
Increased liquidity and maintained access to funding markets
.
• Liquidity remains well positioned and in excess of regulatory requirements as loan draws / outflows
and HQLA were prudently managed
·
o Instituted enhanced liquidity monitoring and reporting in response to COVID-19
o LCR of 132%, +5% Q/Q and +7% Y/Y
o Operate with LCRs of 150-200% in Pacific Alliance countries
。 HQLA of $188B, +$20B Q/Q and +$29B Y/Y, is substantially comprised of Level 1 assets
Accessed government and central bank liquidity programs globally to support lending to the real
economy and promote stability of financial markets
o Participated in Bank of Canada Term Repo, Standing Term Liquidity Facility (STLF) and Banker's Acceptance
Purchase Facility
o Central bank funding reduced requirement primarily for money market wholesale funding
• Q2 term funding activity included TLAC and covered bond issuance, despite market volatility
o Issued $3.5B of bail-inable senior and $2.8B of bail-inable structured notes support TLAC build
o Issued $5.9B of covered bonds in public markets
。 Self-issued $22.5B of covered bonds to be available to pledge to the Bank of Canada term repo facility
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