Green Bond Presentation (PDF) – NEW!
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 |
July 27, 2021
- 2.75 Billion CAD, Ontario's 10th Green Bond Issue (PDF) – NEW!
Borrowing Program
2021–22 Borrowing Program
| Total Long-Term Public Borrowing: | $53.9B |
|---|---|
| Borrowed as of | $21.0B |
Euro Bond $1.5B
Swiss Franc Bond $0.3B
Australian Dollar Bond $0.03B
U.S. Dollar Bond $3.8B
Canadian Dollar Green Bond
$2.74B
$2.74B
Canadian Dollar Syndicated Bonds $12.6B
Note: Numbers may not add due to rounding.
Liquidity and Short-Term Borrowing Capacity
- Ensuring Ontario always has sufficient liquidity to meet its cashflow needs to continue to address any unforeseen economic or public health needs.
- As of July 26, 2021, liquid reserve levels were $51.9 billion.
