Letter of Credit & Credit Rating

Standby Letter of Credit

A Standby Letter of Credit is a guarantee of payment issued by a financial institution to a third party against a contractual commitment of a product and/or service by UBC. Treasury facilitates Standby Letter of Credit issuance through UBC’s primary bank. 

If you require a Standby Letter of Credit please contact Treasury Cash or call 604-822-8822 

UBC Credit Rating 

The University’s debt credit rating is rated by two agencies : S&P and Moody’s. The most recent credit ratings are as follows: 

Rating Agency Moody’s S&P 
Date of rating December 2024 April 2024 
Long term rating Aa1 AA-