Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Long-Term Borrowing?Fixed Rate - 5 to 30 years

10 year loan rate 2.17%

Short-Term Financing?Floating Daily Rate | up to 5 years

Current rate 2.45000%   

Historical rates

Equipment FinancingFloating Daily Rate - up to 25 years

Current rate 2.45000%

Historical rates

Pooled Investments

Money Market Fund | $10.000 / unit
Intermediate Fund | $9.7049 / unit
Bond Fund | $9.8296
 / unit

Historical Prices

Performance Results

Pooled High Interest Savings Account

CIBC 2.46%
National Bank of Canada 2.52% (until August 31st) then 2.47%

 

What's New?

INTRODUCING OUR NEW LOGO:

We are excited to reveal our new look! The mobius-inspired 'M' is a bold step toward our forward-thinking vision for 2020 in celebration of our 50th year as an organization. 

CURRENT EMPLOYMENT OPPORTUNITIES:

Join the MFA team! We are hiring a Software Developer and Client Support Specialist. Applications will be accepted until August 25, 2019.

GFOABC Investor's Forum Webinar - September 17th

Understanding the Yield Curve & Understanding the Bank of Canada  - Register HERE

Change in Debt Reserve Fund Payout Process:

Please see memo for details.

Fall 2019 Long-Term Borrowing Opportunity:

Please see memo for details and deadlines.

Long-Term Debt Issue Proceeds Disbursement:

Follow MFABC

Twitter @MFAofBC 
LinkedIn

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

2.00%

 
 

 

 

 

 

 

 

 

 
 
 
 
 

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