Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Financing

Long-Term

Fixed Rate - 5 to 30 years           10 year loan rate 2.80%

Short-Term

Variable rate - up to 5 years      Daily floating rate 1.38%

Equipment Financing

Variable rate - up to 25 years*    Daily floating rate 1.38% see program details for further information

Investing

Pooled Investments

Daily Price - December 7, 2016

Money Market Fund - 10.000

Intermediate Fund - 9.9541

Bond Fund - 9.9504

Municipal Investment Plan

Municipal employees and elected officials

What's New?

Holiday Schedule:

The MFA will be closed on December 26th, 27th, and January 2nd, and will be operating with a skeleton staff December 28-30th.  Please submit any requests for transactions as early as possible to allow time for processing during this week.  If you have specific questions regarding transactions you would like to complete in this timeframe, please email finance@mfa.bc.ca.  Happy Holidays!

Pooled Investment Funds - see our Memorandum outlining record-keeping and valuation changes

The MFA's position on fossil-fuel divestiture

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

Follow MFABC: MFABC @MunicipalFinance @MFABC1970

Investors

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

2.74%

Home

Tools / Resources

Find status of loans, issue highlights, amortization schedules and historical rates.

See More»

Forms

Know what service you want to apply for?  Find all of our forms here.

Read More »