Ontario School Boards Financing Corp., founded in Ontario, Canada, serves the critical purpose of facilitating funding for public school boards across the province. The corporation primarily offers financial products focused on bond issuances, enabling school boards to finance capital projects and meet their funding needs effectively.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Ontario School Boards Financing Corp. has issued a variety of bonds to support educational infrastructure projects. Notably, the corporation began its bond issuance program in 1997, with significant recent offerings aimed at financing new school construction and renovations. Current yields on their bonds are typically competitive within the municipal bond market, often appealing to retail investors seeking stable returns. Special features of some bond issues may include callable options, providing additional flexibility depending on interest rate movements, ensuring their products remain attractive amidst changing market conditions.