FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Fixed Rate - 5 to 30 years 10 year loan rate 2.85%
Variable rate - up to 5 years Daily floating rate 1.44%
Variable rate - up to 25 years* Daily floating rate 1.44% see program details for further information
Daily Price - January 16, 2017
Money Market Fund - 10.000
Intermediate Fund - 9.9416
Bond Fund - 9.9313
Municipal employees and elected officials
2016 Financial reports are available on the MFA client secure site. Have your site administrator set up guest access for your auditors to facilitate their year-end confirmation process.
December 2016 Pooled Investment fund statements are being revised to correct an error in the income posted to the Money Market fund - corrected statements will be available as soon as they are available from our service provider.
Registration is now open for our Financial Forum and Annual General Meeting, March 29-30, 2017
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
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.