FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Fixed Rate - 5 to 30 years 10 year loan rate 2.40%
Variable rate - up to 5 years Daily floating rate 1.38%
Variable rate - up to 25 years* Daily floating rate 1.38% see program details for further information
Daily Price - October 21, 2016
Money Market Fund - 10.000
Intermediate Fund - 9.9836
Bond Fund - 10.0350
Municipal employees and elected officials
The MFA will be facilitating a Debt Financing Course on November 9th, 2016 in Vancouver. More information and registration is available on the GFOABC website.
Pooled Investment Funds - see our Memorandum outlining record-keeping and valuation changes
The MFA's position on fossil-fuel divestiture
Fall Loan Issue #139 details
Tax Levy Rates for 2016 now available
New Actuarial Rate: For future loan issues the actuarial rate will be set at 3.0% memo.
Spring 2017 Borrowing Opportunity: details and deadlines
BCMFA Credit Ratings
Moody's: Aaa "Stable"
Fitch: AAA "Stable"
Standard & Poor's: AAA "Stable"
Short Term Ratings
Standard & Poor's: A-1+
Bond Rate - 10 year
Tools / Resources
Find status of loans, issue highlights, amortization schedules and historical rates.