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Investor Presentaiton

Weighted-Average Term of Borrowings • Going back to the beginning of fiscal 2010-11, Ontario has issued $102.6 billion of bonds 30 years or longer to lock in low interest rates. As of March 24, 2021 Average Term (Years) Weighted Borrowing Average Term -Debt Portfolio Average Term 16 14.5 14.1 14.2 13.9 14 13.6 12.8 13.0 12.9 12.4 12.1 11.7 12 10.7 10.9 10.9 10.7 10.7 10.9 10.7* 10.4 10.0 10.1 10.1 9.7 10 8.1 8 6 4 2 0 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 Ontario *The debt portfolio average term is on a forecast basis to fiscal year end as of January 31, 2021. 13
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