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
January 13, 2022
- 10-year 1.5 Billion USD Global Benchmark Issue (PDF) – NEW!
Borrowing Program
2021–22 Borrowing Program
| Total Long-Term Public Borrowing: | $42.0B |
|---|---|
| Borrowed as of | $36.8B |
Euro Bonds $1.8B
Swiss Franc Bond $0.3B
Australian Dollar Bonds $0.1B
U.S. Dollar Bond $6.9B
Canadian Dollar Green Bond $2.75B
Canadian Dollar Bond Auction $0.8B
Canadian Dollar Syndicated Bonds $24.2B
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 January 12, 2022, liquid reserve levels were $41.6 billion.
Average Unrestricted Liquid Reserve Levels
($ Billions)
Note: As of December 31, 2021
Accessible description of chart: Average Unrestricted Liquid Reserve Levels
