Clients
FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Long-Term Borrowing Fixed Rate - 5 to 30 year term
10 year loan rate 1.97%
Short-Term Financing Floating Daily Rate - up to 5 year term
July 28, 2021 rate 0.94000 %
Equipment Financing Fixed Monthly Rate - up to 25 year term
July 2021 rate 0.94000 %
Pooled Investments
July 29, 2021 Daily Price
Money Market Fund / $10.0000 / unit
Govt. Focused Ultra-short Bond Fund / $9.5014 / unit
Short-term Bond Fund / $10.0137 / unit
Fossil Fuel Free Short-term Bond Fund / $9.9927 / unit
Mortgage Fund / $10.0876 / unit
July 29, 2021 Yield to Maturity
Money Market Fund / 0.261 %
Govt. Focused Ultra-short Bond Fund / 0.335 %
Short-term Bond Fund / 0.882 %
Fossil Fuel Free Short-term Bond Fund / 0.818 %
Mortgage Fund / 2.023 %
Pooled High Interest Savings Account
For current rates, please log onto the secure client site or email invest@mfa.bc.ca.
CIBC
National Bank of Canada
Scotiabank
What's New?
NEWS & UPDATES:
MFA'S REPORT ON ESG & POOLED INVESTMENT FUNDS:
Please read the 2021 report for more information.
NEW: Scotiabank Pooled High Interest Savings Account
MFA is pleased to announce a third PHISA offering through Scotiabank. For rates and more information please email invest@mfa.bc.ca.
NEW: 2021 Tax Levy Collection
Please see memo for details.
Fall 2021 Long-Term Borrowing Opportunity & Notice of Actuarial Adjustment:
Please see memo for details and deadlines.
Change in Debt Reserve Fund Disbursement Process:
Please see memo for details.
Investment and Financing Webinars
Join our next session on September 21, 2021 at 9:30am - 11:00am. Visit GFOABC to register.
COVID-19 Response:
Follow MFABC
Investors
2021 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
1.87%
INVESTOR RELATIONS
RESEARCH REPORTS
-
Sustainable Finance in Canada's Municipal Sector Advancing - May 2021 - CIBC
- Special Report - May 2020 - CIBC
Tools / Resources
Find status of loans, issue highlights, amortization schedules and historical rates.
Forms
Know what service you want to apply for? Find all of our forms here.