Automotive Finance and ESG Strategies
Global Registered Covered Bond Program 1
Global Covered Bond Program: CAD$38 billion program size, $27 billion outstanding
LOAN-TO-VALUE RATIOS2
CREDIT SCORES 3
43%
32%
60%
19%
4%
6%
19%
2%
1%
2%
12%
0-20%
20-40% 40-60%
60-80%
80+%
<599
600-650 651-700 701-750 751-800
800+
REMAINING TERM DISTRIBUTION (MONTHS)
34.6%
26.0%
13.7%
12.1%
Alberta
0.1%
Yukon
2.5%
Saskatchewan
5.0%
10.0%
6.8%
8.9%
Quebec
<12 12-23.99 24-35.99 36-41.99 42-47.99
48+
0.2%
P.E.I.
PROVINCIAL DISTRIBUTION 4
55.0%
19.1%
British Columbia
1.2%
Manitoba
1.0%
New Brunswick
1.6%
Newfoundland
2.0%
Nova Scotia
1. As at July 31, 2019
2. Uses indexation methodology as outlined in Footnote 1 on page 3 of the Scotiabank Global Registered Covered Bond Monthly Investor Report
3. Excludes unavailable credit scores
4. May not add to 100% due to rounding
Ontario
Scotiabank® 64View entire presentation