November 28, 2011
Update on GIIPS Country Exposure
The following table provides information regarding Nomura's exposure to Greece, Ireland, Italy, Portugal, and Spain ("GIIPS") as of close of business on November 24, 2011. This updates the data disclosed at the time of the firm's second quarter financial results on November 1, 2011.
| Net GIIPS Country Exposure ($m) | |||
| Country | Sep 30, 2011 | Nov 24, 2011 | Change |
| Greece | 47 | 27 | -20 |
| Ireland | 308 | 315 | 7 |
| Italy | 2,815 | 467 | -2,348 |
| Portugal | -79 | -100 | -21 |
| Spain | 465 | 175 | -290 |
| Total | 3,554 | 884 | -2,670 |
| Note: | The above table includes GIIPS collateral with a fair value of $102m used in open repo-to-maturity transactions as of November 24 which declined by 83 percent from $594m as of September 30. The total fair value of collateral used in all open repo-to-maturity transactions, including both GIIPS and non-GIIPS collateral, declined 51 percent from $770m as of September 30 to $380m as of November 24. |
