Clients
FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Long-Term Borrowing Fixed Rate - 5 to 30 year term
10 year loan rate 2.41%
Short-Term Financing Floating Daily Rate - up to 5 year term
May 17, 2021 rate 0.93000 %
Equipment Financing Fixed Monthly Rate - up to 25 year term
May 2021 rate 0.93000 %
Pooled Investments
May 14, 2021 Daily Price
Money Market Fund / $10.0000 / unit
Govt. Focused Ultra-short Bond Fund / $9.5374 / unit
Short-term Bond Fund / $10.0241 / unit
Fossil Fuel Free Short-term Bond Fund / $10.0086 / unit
Mortgage Fund / $10.0292 / unit
May 14, 2021 Yield to Maturity
Money Market Fund / 0.270 %
Govt. Focused Ultra-short Bond Fund / 0.289 %
Short-term Bond Fund / 0.858 %
Fossil Fuel Free Short-term Bond Fund / 0.797 %
Mortgage Fund / 2.221 %
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:
RFP: Outsourced Chief Investment Officer & Asset Management Services
View the Request for Proposal #: 2021-05-AA. Proposals must be received before 2:00pm PT on June 11, 2021.
UBCM COMMUNITY EXCELLENCE AWARDS
MFA is proud to sponsor this celebration of BC Local government excellence! Applications for the 2021 Community Excellence Awards are open until May 21. Please visit the UBCM website to apply.
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.
COVID-19 Response:
Follow MFABC
Investors
2020 BCMFA Credit Ratings
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Moody's: Aaa "Stable"
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Fitch: AAA "Stable"
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Standard & Poor's: AAA "Stable"
Short Term Ratings
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Moody's: P-1
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Standard & Poor's: A-1+
Bond Rate - 10 year
2.30%
INVESTOR RELATIONS
RESEARCH REPORTS
Tools / Resources
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Forms
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