Province's Consolidated Debt Portfolio
$314.5 Billion outstanding
Foreign Currency Bonds:
- U.S. dollars
- Japanese yen
- Australian dollars
- Swiss francs
- Norwegian kroner
- New Zealand dollars
- Hong Kong dollars
- South African rand
As of March 31, 2015
The Province's publicly-held debt consists of funds borrowed from the general public and institutional investors.
Publicly held debt is $302.2 billion, or 96 per cent of total debt as at March 31, 2015, issued in the following currencies:
|• $235.3 billion Canadian dollars||• $1.2 billion Australian dollars|
|• $49.0 billion U.S. dollars||• $0.6 billion New Zealand dollars|
|• $11.5 billion Euros||• $0.4 billion Norwegian kroner|
|• $2.3 billion Swiss francs||• $0.3 billion Hong Kong dollars|
|• $1.4 billion Japanese yen||• $0.1 billion South African rand|
As at March 31, 2015, Ontario's non-public debt is $12.3 billion, or 4 per cent of total debt.
Non-public debt consists of debt instruments issued mainly to Canada Pension Plan Investment Board (CPPIB).
Province's Debt History
Sources: Ontario Financing Authority and Ontario Ministry of Finance.
Net Debt and Interest on Debt
|Fiscal Years 2006-07 to 2015-16 - ($ Millions)|
|2015-16 Outlook||Interim 2014-15||2013-14||2012-13||2011-12||2010-11||2009-10||2009-08||2008-07||2007-06|
|Interest on Debt||11,410||10,675||10,572||10,341||10,082||9,480||8,719||8,566||8,914||8,831|
- Net Debt represents the difference between total liabilities and total financial assets of the Province.
- All balances are expressed in Canadian dollars.