State Street Corporation · NYSE:STT

State Street — Corporate Update (October 2008)

6 slides from State Street's corporate update, Oct 15, 2008

  1. Slide 1: Programs Sponsored by the U.S. Government

    Programs Sponsored by the U.S. Government ABCP Money Market Liquidity Facility Commercial Paper Funding Facility October 15, 2008

  2. Slide 2: ABCP Money Market Liquidity Facility (AMLF)

    2 ABCP Money Market Liquidity Facility (AMLF) > On September 19, 2008, the Federal Reserve established a facility to assist certain registered money market mutual funds in meeting redemptions and to provide liquidity to the asset backed commercial paper (ABCP) markets. > Under this facility, the Fed

  3. Slide 3: September 30, 2008 Balance Sheet

    3 September 30, 2008 Balance Sheet ($ in millions) GAAP AMLF Adjustment Adjusted to Exclude AMLF Assets: Money market assets $ 29,528 $ $ 29,528 Trading assets 6,332 6,332 Investment securities Held to Maturity 80,605 (76,660) 3,945 Investment securities Available for Sale 68,881 68,881 Loans 17,430

  4. Slide 4: Expected Impact of AMLF Program on Fourth Quarter 2008 Results

    4 Expected Impact of AMLF Program on Fourth Quarter 2008 Results > Based on the AMLF program size at September 30, 2008, of $77 billion, the estimated impact to the fourth quarter of 2008, assuming average outstandings are reduced to $30 billion for the fourth quarter: – Net Interest Revenue would b

  5. Slide 5: Commercial Paper Funding Facility (CPFF)

    5 Commercial Paper Funding Facility (CPFF) > On October 7, 2008, the Federal Reserve announced the creation of a facility to provide a liquidity backstop to U.S. issuers of commercial paper and asset-backed commercial paper (collectively, CP). > Under this facility, the Federal Reserve will provide

  6. Slide 6: Forward Looking Statements

    6 Forward Looking Statements: This presentation contains forward-looking statements as defined by United States securities laws, including statements about certain existing and announced Federal Reserve facilities, the ABCP Money Market Liquidity Facility and the Commercial Paper Funding Facility an

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