Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Long-Term BorrowingFixed Rate - 5 to 30 year term

10 year loan rate 2.16%

Short-Term FinancingFloating Daily Rate - up to 5 year term

February 27, 2020 rate 2.42875  

Historical rates

Equipment FinancingFixed Monthly Rate - up to 25 year term

February 2020 rate 2.48500 %

Historical rates

Pooled Investments

February 26, 2020 Daily Price

Money Market Fund / $10.0000 / unit

Intermediate Fund / $9.6972 / unit

Bond Fund / $9.8453 / unit

 

February 26, 2020 Daily Annualized Yield

Money Market Fund / 1.916 %

Intermediate Fund / 1.737 %

Bond Fund / 1.713 %

 

Historical Yields and Prices

Pooled High Interest Savings Account

CIBC 2.46%
National Bank of Canada 2.32 %

 

 

What's New?

POOLED INVESTMENT FUNDS - NEW PROCESSES:
Effective January 6, 2020. Please see memo for details.

Equipment Financing Rate Change

Effective Jan. 1, 2020. Please see memo for details.

Spring 2020 Long-Term Borrowing Opportunity & Notice of Actuarial Reduction:

Please see memo for details and deadlines.

Investors' Forum Webinar: March 17, 2020

Registration is now open. Topics include Understanding Financial Instutitions and discussion on New MFA Investment Options. 

Change in Debt Reserve Fund Disbursement Process:

Please see memo for details.

Long-Term Debt Issue Proceeds Disbursement:

AGM & FINANCIAL FORUM: MARCH 25-26, 2020

Visit our registration page. Deadline to register: March 15. Hosted at Hotel Grand Pacific, Victoria BC.

MFA & GFOABC establish a Strategic Education Alliance

We are pleased to announce an expansion of support to our longstanding education partners at GFOABC.
 
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

2.02%

 

 

 

 

 

 

 

 

 
 
 
 
 

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