Ontario Bonds
- Secondary market liquidity with a wide range of offerings provide extensive investment and trading opportunities across the yield curve
- Ontario accounted for 65.4 per cent of Canadian provincial bond trading in 2020
- 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-1 |
| Fitch | AA- / F1+ |
| DBRS Morningstar | AA (low) / R-1(mid) |
| S&P | A+ / A-1 |
Foreign Denominated Bonds
October 6, 2021
Public Accounts of Ontario 2020–21
September 24, 2021
Borrowing Program
2021–22 Borrowing Program
| Total Long-Term Public Borrowing: | $53.0B |
|---|---|
| Borrowed as of | $28.8B |
Euro Bond $1.5B
Swiss Franc Bond $0.3B
Australian Dollar Bond $0.03B
U.S. Dollar Bond $5.0B
Canadian Dollar Green Bond
$2.75B
$2.75B
Canadian Dollar Syndicated Bonds $19.1B
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 October 8, 2021, liquid reserve levels were $48.0 billion.
Average Unrestricted Liquid Reserve Levels
($ Billions)
Note: As of August 31, 2021
Accessible description of chart: Average Unrestricted Liquid Reserve Levels
