Monthly Investor Report (2015)Full Document 

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Scotiabank Global Registered Covered Bond Program Monthly Investor Report
Calculation Date: 4/30/2015
Distribution Date: 5/15/2015

This report contains information regarding Scotiabank's Global Registered Covered Bond Program Cover Pool as of the indicated Calculation Date. The composition of the Cover Pool will change as Loans (and their Related Security) are added and removed from the Cover Pool from time to time and, accordingly, the characteristics and performance of the Loans (and their Related Security) in the Cover Pool will vary over time.

This material is for distribution only under such circumstances as may be permitted by applicable law. This material is published solely for informational purposes and this report does not constitute an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security. Reliance should not be placed on the information herein when making any decision to buy, hold or sell any security or for any other purpose.

The information set forth below has been obtained and based upon sources believed by Scotiabank to be accurate, however, Scotiabank makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. We assume no liability for any errors or any reliance you place on the information provided herein.

THESE COVERED BONDS HAVE NOT BEEN APPROVED OR DISAPPROVED BY CANADA MORTGAGE AND HOUSING CORPORATION (CMHC) NOR HAS CMHC PASSED UPON THE ACCURACY OR ADEQUACY OF THIS REPORT. THE COVERED BONDS ARE NOT INSURED OR GUARANTEED BY CMHC OR THE GOVERNMENT OF CANADA OR ANY OTHER AGENCY THEREOF.

Program Information
Outstanding Covered Bonds
Series Initial
Principal Amount
Exchange Rate CAD
Equivalent
Maturity Date Coupon Rate Rate Type
SERIES CBL1 - 5 Year Fixed(1) EUR 1,000,000,000 1.53752 $1,537,520,000 April 2, 2019 1.000% Fixed
SERIES CBL2 - 5 Year Fixed(1) USD 1,500,000,000 1.08740 $1,631,100,000 September 11, 2019 2.125% Fixed
SERIES CBL3 - 7 Year Fixed(1) EUR 1,500,000,000 1.41400 $2,121,000,000 September 17, 2021 0.750% Fixed
SERIES CBL4 - 3 Year Fixed(1) EUR 1,250,000,000 1.42490 $1,781,125,000 November 2, 2017 0.25% Fixed
SERIES CBL5 - 3 Year Floating(1) GBP 250,000,000 1.80600 $451,500,000 November 2, 2017 3 Mth GBP LIBOR + 0.19% Float
SERIES CBL5 (Tranche 2) - 3 Year Floating(1) GBP 300,000,000 1.79130 $537,390,000 November 2, 2017 3 Mth GBP LIBOR + 0.19% Float
SERIES CBL6 - 5 Year Floating(1) AUD 600,000,000 0.97590 $585,540,000 January 21, 2020 3 mth BBSW + 0.65% Float
SERIES CBL7 - 5 Year Fixed(1) USD 1,100,000,000 1.24900 $1,373,900,000 April 14, 2020 1.85% Fixed
Currently Outstanding under the Global Registered Covered Bond Program $10,019,075,000
Issued prior to CMHC registration under the Global Public Sector Covered Bond Programme(2) $8,973,825,000
Total Outstanding $18,992,900,000
OSFI Covered Bond Limit $33,924,990,662

Series Ratings Moody's Fitch DBRS
CBL1 Aaa AAA AAA
CBL2 Aaa AAA AAA
CBL3 Aaa AAA AAA
CBL4 Aaa AAA AAA
CBL5 (Tranche 1 & 2) Aaa AAA AAA
CBL6 Aaa AAA AAA
CBL7 Aaa AAA AAA

Supplementary Information
Parties to Scotiabank Global Registered Covered Bond Program
Issuer The Bank of Nova Scotia
Guarantor Entity Scotiabank Covered Bond Guarantor Limited Partnership
Seller, Servicer & Cash Manager The Bank of Nova Scotia
Interest Rate & Covered Bond Swap Provider The Bank of Nova Scotia
Bond Trustee and Custodian Computershare Trust Company of Canada
Covered Pool Monitor KPMG LLP
Account Bank and GDA Provider The Bank of Nova Scotia
Standby Account Bank & Standby GDA Provider Canadian Imperial Bank of Commerce
Paying Agent, Registrar, Exchange Agent, Transfer Agent The Bank of Nova Scotia, London Branch and for the US, The Bank of Nova Scotia-New York Agency

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(1) An Extended Due for Payment Date twelve-months after the Maturity Date has been specified in the Final Terms of this Series. The coupon rate specified for this Series applies until the Maturity Date following which the floating rate of interest specified in the Final Terms of this Series is payable monthly in arrears from Maturity Date to but excluding the Extended Due For Payment Date.