Green Bond Presentation – December 4, 2023 (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 67.7 per cent of Canadian provincial bond trading in 2022
- 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+ |
| DBRS Morningstar | AA (low) (P) / R-1(mid) |
| S&P | A+ (P) / A-1 |
Ontario's Green Bonds (NEW!)
December 4, 2023
2023 Ontario Economic Outlook and Fiscal Review
November 2, 2023
Borrowing Program
2023–24 Borrowing Program
| Total Long-Term Public Borrowing: | $34.7B |
|---|---|
| Borrowed as of | $23.3B |
Canadian Dollar Floating Rate Note $2.6B
Canadian Dollar Green Bond $1.5B
Australian Dollar Bond $0.03B
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 November 21, 2023, liquid reserve levels were $42.1 billion.
