Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Financing

Long-Term

Fixed Rate - 5 to 30 years           10 year loan rate 2.26%

Short-Term

Variable rate - up to 5 years      Daily floating rate 1.39%

Equipment Financing

Variable rate - up to 25 years*    Daily floating rate 1.39%

* see program details for further information

Investing

Pooled Investments

Daily Price - August 24, 2016

Money Market Fund - 10.000

Intermediate Fund - 9.9967

Bond Fund - 10.0331    

Municipal Investment Plan

Municipal employees and elected officials

What's New?

Change to Pooled Investment Funds:

Please see our Memorandum outlining record-keeping and valuation changes

The MFA is hiring!  We are looking for the perfect candidate for the new role of Portfolio Analyst / Manager.   Please direct application submissions and enquiries to Engaged HR.

MFA eliminates issue costs - In 2016, cash proceeds from long-term borrowing will now be 99% of the Gross Loan Request. There will be no deduction for issue costs

Tax Levy Rates for 2016 now available

Fall 2016 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

2.19%

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