Division 5 Definition of the group’s liabilities covered in point 5(b) of the commitments

The liabilities of the group referred to in point 5(b) comprise:

1. (i)

   the long-term stock of all the covered bonds issued by the group and issues in EMTN format (guaranteed, unguaranteed and placed on the interbank market or via the retail banking network);

2. (ii)

   the short-term stock of all the short-term funding recorded in the group’s balance sheet.