Long-Term Financing

Fixed Rate - 5 to 30 years           10 year loan rate 2.65%

Short-Term Financing

Variable Rate - up to 5 years      Daily floating rate 1.83%
Historical rates

Equipment Financing

Variable Rate - up to 25 years*    Daily floating rate 1.83%  
*see program details for further information
Historical rates

Pooled Investments

Money Market Fund - $10.000 / unit

Intermediate Fund - $9.7920 / unit

Bond Fund - $9.8038 / unit

Pooled High Interest Savings Account

CIBC HISA rate 1.71% 

Municipal Investment Plan

Rates of Return September 2017


What's New?

Happy Holidays 2017! :

NEW - The MFA will be closed Dec 25/26 & Jan 1, & will operate with skeleton staff Dec 27-29.  Please submit requests for transactions as early as possible to allow time for processing that week.  Questions? email

NEW - The MFA 2018 Annual General Meeting and Financial Forum will be held March 21/22 at the Hotel Grand Pacific in Victoria. Registration and room block information will be available in early 2018 so please check back!

Pooled High Interest Savings Account now available: See the program page or email us for more information.

Commentary on Bond Fund performance from our professional fund managers at Phillips, Hager & North

Change in Issue Proceeds disbursement process: RD & RHD notice, Municipal notice

Spring 2018 Borrowing Opportunity: details and deadlines

Follow MFABC: MFABC @MunicipalFinance @MFABC1970



BCMFA Credit Ratings

  • Moody's: Aaa "Stable"
  • Fitch: AAA "Stable"
  • Standard & Poor's: AAA "Stable"

Short Term Ratings

  • Moody's: P-1
  • Standard & Poor's: A-1+

Bond Rate - 10 year












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