BPCE - Risk Report - Pillar III 2020

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LIQUIDITY, INTEREST RATE AND FOREIGN EXCHANGE RISKS

QUANTITATIVE DISCLOSURES

NEW SOLUTIONS TO MEET NEW INVESTOR PRIORITIES: “SUSTAINABLE DEVELOPMENT” BONDS Groupe BPCE issued two social/green public bond issues in 2020, totaling €1.5 billion: public issue by BPCE SFH of ten year green covered bonds (Energy Efficient Housing type) in EUR in May 2020 for an amount • of €1,250 million; public issue by BPCE of 6NC5 social bonds (senior non-preferred, Local Economic Development type with a Covid-19 focus) in • JPY (Samurai format) in December 2020 for JPY 32 billion, i.e. the equivalent of approximately €254 million.

In addition, in December 2020 BPCE carried out the Group’s first transition bond issue in the form of a private placement of €100 million (10NC9; senior non-preferred), taking it to the forefront of innovation in the area of sustainable development bonds.

Natixis also issued €0.6 billion in green structured private placements in 2020, bringing the total outstanding amount of sustainable development bonds issued by the Group that year to €2.2 billion. At the end of December 2020, Groupe BPCE (with issues by BPCE, BPCE SFH and Natixis) had a total amount of €6.6 billion in sustainable development bonds.

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RISK REPORT PILLAR III 2020 | GROUPE BPCE

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