Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Long-Term BorrowingFixed Rate - 5 to 30 years

10 year loan rate 2.45%

Short-Term FinancingFloating Daily Rate | up to 5 years

Current rate 2.45500 %   

Historical rates

Equipment FinancingFloating Daily Rate - up to 25 years

Current rate 2.45500 %

Historical rates

Pooled Investments

Money Market Fund | $10.000 / unit
Intermediate Fund | $9.6920 unit
Bond Fund | $9.7819
 / unit

Historical Prices

Performance Results

Pooled High Interest Savings Account

CIBC 2.46%
National Bank of Canada 2.47%

 

 

 

What's New?

NEW: POOLED INVESTMENT FUND CHANGES COMING OCTOBER 2019:

Stay tuned for changes coming to the Pooled Investment Funds.  New process for subscribing and redeeming funds, updates will be posted in early September.

NEW: NEW EMAIL FOR POOLED INVESTMENTS:

Email invest@mfa.bc.ca for all of your investment needs!

NEW: NBC POOLED HIGH INTEREST SAVINGS ACCOUNT - RATE CHANGE

Effective October 15, 2019 the rate on the NBC Pooled High Interest Savings Accounts will be Prime – 1.63% or 2.32%

Spring 2020 Long-Term Borrowing Opportunity:

Please see memo for details and deadlines.

Long-Term Debt Issue Proceeds Disbursement:

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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

2.28%

 
 

 

 

 

 

 

 

 

 
 
 
 
 

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