UBC’s Finances
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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- |