
The 55 Ontario School Board Trust, established to support the educational needs of the Ontario school system, is headquartered in Ontario, Canada. Its primary purpose is to facilitate access to funding through innovative financial solutions tailored for educational institutions. The Trust offers a variety of services, including bond issuances aimed at financing capital projects and managing educational facilities.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ONTSCH 5.90% 2033-06-02 CADThe 55 Ontario School Board Trust | Canada | 2033-06-02 | 5.900 | 3.70 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Trust began issuing bonds in 2003 to address the growing need for infrastructure upgrades across Ontario's school boards. Notably, in 2020, it executed a significant bond issuance, raising CAD 100 million to fund technological advancements in schools. Currently, yields on its bonds remain competitive compared to industry standards, with a unique feature of green initiatives embedded in recent issuances aimed at promoting sustainability in education. Recent news highlights the Trust's ongoing commitment to enhancing educational resources through strategic financial planning and community engagement.