OTFT issuances are highly rated benefitting from the full, unconditional and irrevocable guarantee by Ontario Teachers'.
Major factors supporting the rating of Ontario Teachers' include:
- Consistently high investment returns
- Sophisticated risk culture across the organization
- Robust liquidity ensuring strong coverage by high-quality liquid assets
- Innovative pension funding levers, including flexible inflation protection mechanism
- Strong legislative and governance frameworks
- Independence from sponsors
| Long-term Rating | Outlook | Short-term Rating | |
|---|---|---|---|
| Moody's | Aaa | Negative | P-1 |
| Standard & Poor's | AA+ | Stable | A-1+ |
| DBRS | AAA | Stable | R-1(High) |
