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This calculator is provided for general illustrative purposes only and does not constitute investment advice. To take into account your specific circumstances, you should obtain professional investment, legal and/or tax advice, as appropriate.
Infrastructure Ontario
(1) Any foreign currency exchange agreement or agreements for a debenture shall, when read together, provide for the reduction of currency risk with respect to the entire amount of principal and interest payable under the debenture.
- Regulations and Restrictions
- Reasons For Taking on Debt
- What to Consider Before Taking on Debt
- Supports For Municipalities
- Summary
Ontario’s regulatory framework for municipal borrowing helps municipalities to use debt responsibly while regulating their overall ability to borrow. Rules include:
Municipalities may take on long-term debt to finance infrastructure and other capital assets. In some cases, depending on the municipality’s size, service responsibility and local policies, it may make sense to borrow in the short-term to help maintain municipal services as debt is paid off. Some reasons municipalities use debt to finance projects ...
Need or urgency
Municipalities may wish to consider the urgency of the proposed project. For example, if public health and safety is a concern, there may not be time to set needed funds aside in reserves. Borrowing can be an effective tool when there is an urgent need for financing.
Interest rates
Interest rates are affected by several factors including the riskiness associated with the creditor. Since smaller municipalities have a smaller tax base, there is a chance that they may be less capable than a larger municipality of handling local economic shocks (such as a factory closure) which could impact the ability to pay off debt. As a result, small municipalities may have to pay higher interest rates.
Debt management
Setting aside funds for debt repayment could impact a municipality’s ability to respond to unexpected events such as extreme weather. To get a better picture of their debt position, municipalities could consider conducting analysis using the following financial indicators: 1. debt per capita 2. debt charges per capita 3. debt charges as a percentage of revenue 4. debt charges as a percentage of municipal levy 5. using data from the FIR, municipalities can gather information on their debt leve...
Municipalities may be eligible to qualify for long-term financing through Infrastructure Ontario. Infrastructure Ontario provides affordable, long-term financing solutions, including short-term construction loans and long-term take-out financing to help renew public infrastructure and deliver value to customers and residents across Ontario.
Debt is one of several capital financing tools available to municipalities. When used responsibly, it can be a powerful tool to help finance long-term capital needs. Municipalities are encouraged to consider all the tools they have for a balanced approach to finance capital expenditures. Taking on too much debt could impact the level and quality of...
A unique combination of FTSE-listed, award winning UK Income Investment Trust and leading provider of Independent Professional Services, we have the infrastructure, resources and can-do culture that delivers bespoke solutions in a nimble way.
Serial and Amortizer Debentures. Interest rates on our serial and amortizer debenture loans are all-in blended rates (sometimes referred to as Annual Percentage Rate or Internal Rate of Return).
People also ask
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Net Asset Value as at 20 June 2024. The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par and including the fair value of IPS business 1 on 20 June 2024 was 836.10 pence per share (cum income).
