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Investor Presentaiton

51.7* 46.2 47.2 Liquidity and Short-Term Borrowing Capacity 60 Average Unrestricted Liquid Reserve Levels ($ Billions) Liquid Reserves ■ 2023-24 Liquid Reserves Year-End Target 50 50 40 40 30 30 20 20 Liquid Reserve Levels 24.9 - 23.3 23.6 21.7 21.1 19.4 20.2 14.4 Average: $29.7 Billion 10 0 32.7 32.3 30.1 36.2 32.8 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 *As of September 30, 2023. ($ Billions) Currency Maturity Authorized Outstanding Available *Regular issuance of 3M, 6M and 1Y T-Bills C$ T-Bill Program Canadian Dollars 1 day-3 years* C$46.0 C$23.2 C$22.8 U.S.$ Commercial Paper Program U.S. Dollars 1-270 day(s) Total C $15.0 C$61.0 C$1.9 C$25.1 C$13.1 C$35.9 Note: As of October 31, 2023. Numbers may not add due to rounding. Ontario 16
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