Bank of Nova Scotia supports liquidity initiatives

TORONTO, Aug 16 (Reuters) - Bank of Nova Scotia (BNS.TO) said on Thursday it does not have significant holdings of asset-backed commercial paper, and said it supported initiatives to stabilize the Canadian commercial paper market.

The bank said it was reinforcing its commitment to continue to provide full liquidity support of all Scotia-sponsored ABCP programs, including King Street Funding Trust and Bay Street funding Trust.