Credit Rating Report

Ontario School Boards Financing Corporation: Rating Report

Other Government Related Entities

Summary

On February 7, 2024, DBRS Limited (Morningstar DBRS) confirmed its credit ratings on the Series 2007-
A1, 2006-A1, 2005-A1, 2004-A1, 2003-A2, 2002-A2, 2001-A3, and 2000-A1 Pooled Debentures Ownership
Interests issued by Ontario School Boards Financing Corporation (OSBFC) at AA (low) with Positive
trends.

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