FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Fixed Rate - 5 to 30 years 10 year loan rate 2.65%
Variable Rate - up to 25 years* Daily floating rate 1.83%
*see program details for further information
Money Market Fund - $10.000 / unit
Intermediate Fund - $9.7920 / unit
Bond Fund - $9.8038 / unit
CIBC HISA rate 1.71%
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 firstname.lastname@example.org.
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!
Commentary on Bond Fund performance from our professional fund managers at Phillips, Hager & North
Spring 2018 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.