On August 20, 2025, the Province of British Columbia launched an international bond offering, issuing US$3.00 billion (approximately C$4.08 billion at the prevailing exchange rate) in aggregate principal amount of 3.900% bonds, Series BCUSG-19. The offering closed on August 27, 2025, with the bonds maturing on August 27, 2030. These bonds are direct and unconditional general obligations of the Province, ranking equally with all other unsecured and unsubordinated indebtedness. Interest is payable semi-annually, based on a 360-day year of twelve 30-day months, and principal and interest payments are made without Canadian withholding tax, subject to certain conditions.

The transaction was led by an underwriting syndicate including BMO Capital Markets Corp., BofA Securities, Inc., HSBC Bank plc, National Bank of Canada Financial Inc., and TD Securities (USA) LLC. Legal counsel included the Ministry of Attorney General (Legal Services Branch), Osler, Hoskin & Harcourt LLP, Allen Overy Shearman Sterling US LLP, and Davis Polk & Wardwell LLP.