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 %
Equipment FinancingFloating Daily Rate - up to 25 years
Current rate 2.45500 %
Pooled Investments
Money Market Fund | $10.000 / unit
Intermediate Fund | $9.6920 unit
Bond Fund | $9.7819 / unit
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:
Follow MFABC
Investors
BCMFA Credit Ratings
-
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
-
Standard & Poor's: A-1+
Bond Rate - 10 year
2.28%
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.