Investor Presentaiton
COVID-19 Response
Maintained elevated liquidity and access to funding markets
• Maintained elevated levels of liquidity, well in excess of regulatory requirements
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o LCR of 141%, +9% Q/Q and +18% Y/Y
o Pacific Alliance countries ended Q3 with LCRs of 160-180%
o HQLA of $227B, +$40B Q/Q and +$67B Y/Y, is substantially comprised of Level 1 assets
Reduced wholesale funding and market sourced funding utilizing excess liquidity
o Discontinued incremental participation in central bank funding programs
o Deposit growth reduced need for wholesale funding
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Q3 term issuance activity included TLAC and covered bond issues
o $1.7B of bail-inable senior and $0.6B of bail-inable structured notes to support TLAC build
。 US$ 1.25B Fixed Rate Resetting Perpetual Subordinated Additional Tier 1 Capital notes
o Self-issued $7.5B of covered bonds to be available to pledge to the Bank of Canada term repo facility
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