FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Fixed Rate - 5 to 30 years 10 year loan rate 2.80%
Variable rate - up to 5 years Daily floating rate 1.38%
Variable rate - up to 25 years* Daily floating rate 1.38% see program details for further information
Daily Price - December 7, 2016
Money Market Fund - 10.000
Intermediate Fund - 9.9541
Bond Fund - 9.9504
Municipal employees and elected officials
The MFA will be closed on December 26th, 27th, and January 2nd, and will be operating with a skeleton staff December 28-30th. Please submit any requests for transactions as early as possible to allow time for processing during this week. If you have specific questions regarding transactions you would like to complete in this timeframe, please email email@example.com. Happy Holidays!
Pooled Investment Funds - see our Memorandum outlining record-keeping and valuation changes
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.