XML 81 R29.htm IDEA: XBRL DOCUMENT
v3.25.3

Subordinated Debentures | 12 Months Ended
--- | ---
Oct. 31, 2025
Text Block [Abstract] |
Subordinated Debentures |
20 | Subordinated Debentures
These debentures are direct, unsecured obligations of the Bank and are subordinate to the claims of the Bank’s depositors and other creditors. The Bank, where appropriate, enters into interest rate and cross-currency swaps to hedge the related risks.
As at October 31 ($ millions) |  | 2025 |  |  | 2024 |
Maturity date |  | Interest rate (%) |  |  | Terms (1) |  | Carrying value (2) |  |  | Carrying value (2) |
June 2025 |  |  | 8.900 |  |  | On June 20, 2025, all $250 million of outstanding 8.900% subordinated debentures matured. The principal plus accrued interest were paid to noteholders on the maturity date. |  | $ | – |  |  | $ | 251 |
December 2025 (3) |  |  | 4.500 |  |  | U.S.$1,250 million. Interest will be payable semi-annually in arrears on June 16 and December 16 of each year, until maturity in December 2025 . |  |  | 1,753 |  |  |  | 1,740 |
May 2032 (3) |  |  | 3.934 |  |  | Redeemable on or after May 3, 2027. After May 3, 2027, interest will be payable quarterly at the then prevailing three-month bankers’ acceptance rate plus 1.520 % subject to applicable benchmark fallback considerations. |  |  | 1,744 |  |  |  | 1,713 |
December 2032 (3) |  |  | 1.800 |  |  | JPY 33,000 million. Redeemable on December 20, 2027. After December 20, 2027, interest will be payable semi-annually at the reference Japanese Government Bond rate plus 1.681% on the reset date. |  |  | 300 |  |  |  | 301 |
August 2033 (3) |  |  | 5.679 |  |  | Redeemable on or after August 2, 2028. After August 2, 2028, interest will be payable at an annual rate equal to Daily Compounded CORRA plus 2.100%. |  |  | 1,026 |  |  |  | 1,016 |
December 2033 (3) |  |  | 1.830 |  |  | JPY 12,000 million. Redeemable on December 1, 2028. After December 1, 2028, interest rate on the debentures will be reset to the prevailing yield of Japanese Government Bond rate plus 1.477% on the reset date. |  |  | 109 |  |  |  | 110 |
August 2034 (3) |  |  | 4.959 |  |  | Redeemable on or after August 1, 2029. After August 1, 2029, interest will be payable at Daily Compounded CORRA plus 1.550%. |  |  | 1,034 |  |  |  | 998 |
May 2037 (3) |  |  | 4.588 |  |  | U.S.$1,250 million. Redeemable between April 12, 2027, and May 4, 2032. On May 4, 2032, interest will reset at the then prevailing 5-year U.S. treasury rate plus 2.050%. |  |  | 1,726 |  |  |  | 1,704 |
|  |  |  |  |  |  |  | $ | 7,692 |  |  | $ | 7,833 |
(1) | In accordance with the provisions of the Capital Adequacy Guideline of the Superintendent, all redemptions are subject to regulatory approval and subject to the terms in the relevant prospectus.
(2) | The carrying value of subordinated debentures may differ from par value due to the impact of fair value hedges used for managing interest rate risk and subordinated debentures held for market-making purposes.
(3) | These debentures contain non-viability contingent capital (NVCC) provisions. Under such NVCC provisions, outstanding debentures are convertible into a variable number of common shares if OSFI announces that the Bank has ceased, or is about to cease, to be viable, or if a federal or provincial government in Canada publicly announces that the Bank has accepted or agreed to accept a capital injection, or equivalent support, from the federal government or any provincial government or political subdivision or agent thereof without which the Bank would have been determined by OSFI to be non-viable. If such a conversion were to occur, the debentures would be converted into common shares pursuant to an automatic conversion formula defined as 150% of the par value plus accrued and unpaid interest divided by the conversion price and, where applicable, subject to translation at foreign exchange rates in effect at the time of conversion. The conversion price is based on the greater of: (i) a floor price of $5.00 (subject to adjustments in certain events as set out in the respective prospectus supplements), and (ii) the current market price of the Bank’s common shares at the time of the trigger event (10-day weighted average).

X
- Definition Text Block [Abstract] + References No definition available. + Details
Name: | bns_TextBlockAbstract
Namespace Prefix: | bns_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of subordinated liabilities. [Refer: Subordinated liabilities] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfSubordinatedLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration