Ontario Bonds
- Secondary market liquidity with a wide range of offerings provide extensive investment and trading opportunities across the yield curve
- Ontario accounted for 69.4 per cent of Canadian provincial bond trading in 2023
- Attractive spreads provide opportunities for investors to achieve higher returns
- Benchmark Canadian provincial borrower
- Primary focus on Canadian dollar borrowing with likely issuance in U.S. dollars and Euro
Credit Ratings (Long-Term/Short-Term) | |
---|---|
Moody’s Investors Service | Aa3 (P) / P-1 |
Fitch | AA- / F1+ |
Morningstar DBRS | AA / R-1(high) |
S&P Global Ratings | AA- / A-1+ |
December 11, 2024
Aboriginal Loan Guarantee Program (ALGP) Review Survey – NEW!
October 30, 2024
2024 Ontario Economic Outlook and Fiscal Review
Borrowing Program
2024–25 Borrowing Program
Total Long-Term Public Borrowing: | $37.5B |
---|---|
Borrowed as of | $35.1B |
Canadian Dollar Green Bonds
$2.3B
$2.3B
U.S. Dollar Bonds $4.8B
Australian Dollar Bond $1.3B
Canadian Dollar Syndicated Bonds $26.7B
Note: Numbers may not add due to rounding.
Liquid Reserves
- Ensuring Ontario always has sufficient liquidity to meet its cashflow needs to continue to address any unforeseen economic or public health needs.
- As of December 17, 2024, liquid reserve levels were $33.3 billion.