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What are Infrastructure Renewal Bonds (IRBs) and how do they work?

April 26, 2017bonds INFRASTRUCTURE IRBs renewal

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What are Infrastructure Renewal Bonds (IRBs) and how do they work?

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Funding for Infrastructure Ontario’s Loan Program comes from the proceeds of the sale of Infrastructure Renewal Bonds (IRBs). These bonds are available to institutional and individual investors. They offer an investment that is backed by the credit strength of public sector borrowers. The inaugural issue of IRBs took place on February 17, 2005.