Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Financing

Long-Term

Fixed Rate - 5 to 30 years           10 year loan rate 2.50%

Short-Term

Variable rate - up to 5 years      Daily floating rate 1.40%

Equipment Financing

Variable rate - up to 25 years*    Daily floating rate 1.40%

see program details for further information

Investing

Pooled Investments

Daily Price - April 26, 2017

Money Market Fund - 10.000

Intermediate Fund - 9.9154

Bond Fund - 9.9734

Municipal Investment Plan

 

 

What's New?

Spring 2017 Loan Issue:

Loan proceeds will be distributed on Friday April 7, 2017. details

Our Financial Forum and Annual General Meeting was held March 29-30, 2017. Please see our Governance page to view slides from the presentations.

The MFA's position on fossil-fuel divestiture

Tax Levy Rates for 2017 now available

New Actuarial Rate: For future loan issues the actuarial rate will be set at 3.0% memo.

Fall 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

2.43%

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