Clients
FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Long-Term Borrowing - Fixed Rate - 5 to 30 years
10 year loan rate 2.44%
Short-Term Financing - Floating Daily Rate - up to 5 years
Current rate 2.45625%
Equipment Financing - Floating Daily Rate - up to 25 years
Current rate 2.45625%
Money Market Fund - $10.000 / unit
Intermediate Fund - $9.7132/ unit
Bond Fund - $9.8392 / unit
Pooled High Interest Savings Account
CIBC 2.46%
National Bank of Canada 2.52%
What's New?
NEW: Pooled Funds Advisory Committee:
Municipal Finance Authority of BC is looking to establish a Pooled Fund Advisory Committee comprised of local government investment professionals to assist MFA management in creating, managing, and monitoring our pooled fund product suite. Click HERE for our Pooled Funds Advisory Committee Application. Applications are due July 15, 2019.
Change in Debt Reserve Fund Payout Process
Please see memo for details.
Tax Levy Payment
For 2019, the MFA will be collecting the Tax Levy payments via Electronic Funds Transfer. Please complete this Tax Levy one-off EFT Form and send it to mfa@mfa.bc.ca by July 15, 2019. The MFA will pull the funds from your accounts on August 1, 2019.
Fall 2019 Long-Term Borrowing Opportunity - Please see memo for details and deadlines.
Long-Term Debt Issue Proceeds Disbursement: RD & RHD Notice, Municipal Notice.
Follow MFABC: 
@MFAofBC
Investors
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
2.27%
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.
