Financial Performance and Remediation Update
FUNDING & LIQUIDITY
KEY MESSAGES
.
•
.
Strong funding and liquidity position, well above regulatory
minimums
Term Funding Facility (TFF) Additional and Supplementary
Allowances totalling $17.6bn were fully drawn in 4Q21,
supporting lending growth, refinancing of term wholesale
maturities and higher liquid assets
Term wholesale issuance expected to increase to more
normalised levels in FY22
Phase out of CLF by December 2022 is manageable,
expected to increase liquid assets
COMMITTED LIQUIDITY FACILITY REDUCES TO ZERO IN 20221
($bn)
51
38
38
31
223
23
23
16
8
17
8
0
Sep 21
Mar 22
Jun 22
■ RMBS
Sep 22
Forecast CLF
Dec 22
Sep 20
■ External Securities
LIQUIDITY RATIOS REMAINS ABOVE REGULATORY MINIMUMS
LIQUID ASSETS³
($bn)
(%)
136
139
136
128
127
116
122
123
100%
minimum
252
234
234
204
82
40
64
50
32
34
34
43
162
136
136
111
Mar 20 Sep 20 Mar 21 Sep 21
2
- LCR
Mar 20 Sep 20 Mar 21 Sep 21
■ NSFR
Mar 20
Sep 20
■Internal RMBS (post haircuts)
■ Government, Cash & Central Bank
(1)
23
(2)
(3)
29
29
CLF reduction dates are 1 January, 30 April, 31 August and 31 December 2022
Average LCR for the quarter
Spot Liquid Assets as at end of each period
Mar 21
Sep 21
■ Bank, Corporates & Other
National
Australia
BankView entire presentation