Wellington County, Ontario, established in 1854, serves as a regional municipality in southern Ontario focused on providing essential services to its communities. As a tiered municipality, Wellington County offers a variety of services including public health, social services, and maintenance of local infrastructure to enhance the quality of life for its residents.
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Wellington County has engaged in bond issuance since the early 2000s, with its inaugural bond offering occurring in 2003 to fund infrastructure development projects. Significant recent issuances include a 10-year bond in 2021 that raised $15 million for upgrades to public transit and road systems, boasting a competitive yield of 2.5% compared to a regional average of 3.0%. The county's bonds come with features such as callable options, allowing for potential early redemption, which provides flexibility in managing its debt portfolio.