Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Financing

Long-Term

Fixed Rate - 5 to 30 years           10 year loan rate 2.85%

Short-Term

Variable rate - up to 5 years      Daily floating rate 1.44%

Equipment Financing

Variable rate - up to 25 years*    Daily floating rate 1.44% see program details for further information

Investing

Pooled Investments

Daily Price - January 16, 2017

Money Market Fund - 10.000

Intermediate Fund - 9.9416

Bond Fund - 9.9313

Municipal Investment Plan

Municipal employees and elected officials

What's New?

Happy 2017!:

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

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

2.78%

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