"Panorama" examines financial crisis impact across regions and debt segments with in-depth industry statistics and data

NEW YORK, September 22, 2009 — BNY Mellon Corporate Trust today released a new periodical that offers a comprehensive review of the impact of the financial crisis on the global debt capital markets. The periodical, entitled "Panorama: Global Perspectives on the Debt Capital Markets," contains a series of essays and statistical analysis that examine how different debt segments and regions have performed, emerging trends shaping the industry, and the prospects for a return to normalcy.

"As the leading corporate trustee in the world, we sit at the center of the debt capital markets and possess a unique ability to offer expert insight into market conditions globally," said Scott Posner, CEO of BNY Mellon Corporate Trust. "The analysis and viewpoints in our first issue of Panorama reflect the many roles we play on behalf of investors and issuers alike, who view us as an independent third party in the transactions they participate in."

Specific topics covered include: analysis of market activity in the United States, Europe, Latin America and Asia-Pacific, across various debt segments including structured, Islamic finance, project finance, and corporate and municipal; cash management needs and practices of issuers; the growing urgency around transparency in the marketplace; and the changing role of the trustee. It also includes an aggregation of statistics that provide snapshots of market dynamics and trends over time.

Panorama is available at www.bnymellon.com/helpingyou/panorama.

BNY Mellon Corporate Trust services nearly $12 trillion in outstanding debt from 58 locations in 20 countries. Its clients include governments and their agencies, multinational corporations, financial institutions and other entities that access the global debt capital markets. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services and develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.

Corporate trust providers are appointed by debt issuers as well as fund and collateral management institutions to perform a variety of services related to debt and collateral administration, safekeeping, direct cash and investment management, portfolio and transparency analytics, reporting, and final asset disposition and distribution activities.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $20.7 trillion in assets under custody and administration, $926 billion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.