Presentation (correction slide 18) - Dexia.com
Presentation (correction slide 18) - Dexia.com
Presentation (correction slide 18) - Dexia.com
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After 2014: Ability to hold and manage remaining Legacy<br />
assets until maturity<br />
Estimated bond portfolios by 2014<br />
Comments<br />
Bond portfolio – View per asset class<br />
(Base 100 = 1H10, %)<br />
Bond portfolio in run-off: Remaining<br />
portfolio focused on asset classes where<br />
<strong>Dexia</strong> holds a strong credit expertise<br />
• Public sector and sovereigns<br />
• PFI and utility<br />
• Expected average rating of A- in 2014 1<br />
70% of<br />
remaining<br />
portfolio<br />
within area<br />
of expertise<br />
Financial Products: Active risk<br />
management of assets<br />
• Active management in close collaboration with<br />
legal advisers, servicers and originators<br />
Run-off PWB <strong>com</strong>mitments: Limited<br />
concerns<br />
42<br />
Note: (1) Current estimate - Possible changes depending on market conditions
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