Long-Term Financing

Fixed Rate - 5 to 30 years           10 year loan rate 2.90%

Short-Term Financing

Variable Rate - up to 5 years      Daily floating rate 2.06%
Historical rates

Equipment Financing

Variable Rate - up to 25 years*    Daily floating rate 2.06%  
*see program details for further information
Historical rates

Pooled Investments

Money Market Fund - $10.000 / unit

Intermediate Fund - $9.7688 / unit

Bond Fund - $9.7348 / unit

Pooled High Interest Savings Account

CIBC HISA rate 1.71% 

Municipal Investment Plan

Rates of Return September 2017


What's New?

2018 MFA Financial Forum & AGM:

The MFA 2018 Annual General Meeting and Financial Forum will be held March 21/22 at the Hotel Grand Pacific in Victoria.  Please click here for more information and to register.

Pooled High Interest Savings Account now available: See the program page or email us for more information.

Commentary on Bond Fund performance from our professional fund managers at Phillips, Hager & North.

Change in Issue Proceeds disbursement process: RD & RHD notice, Municipal notice.

Spring 2018 Borrowing Opportunity: details and deadlines.

NEW:  Fall 2018 Borrowing deadline will be early this year: Application for C of A's must be submitted to the Ministry by Friday, July 13, 2018.

Follow MFABC: MFABC @MunicipalFinance @MFABC1970



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












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