Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Long-Term BorrowingFixed Rate - 5 to 30 year term

10 year loan rate 2.43%

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

January 23, 2020 rate 2.51625  

Historical rates

Equipment FinancingFixed Monthly Rate - up to 25 year term

January 2020 rate 2.57750 %

Historical rates

Pooled Investments

January 22, 2020 daily price

Money Market Fund / $10.0000 / unit

Intermediate Fund / $9.6897 / unit

Bond Fund / $9.7967 / unit

Historical Prices

January 22, 2020 daily annualized yield

Money Market Fund / 1.935 %

Intermediate Fund / 1.852 %

Bond Fund / 1.901 %

Historical Yields

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.

Long-Term Debt Issue Proceeds Disbursement:

AGM & FINANCIAL FORUM: MARCH 25-26, 2020

REGISTRATION NOW OPEN. Hosted at Hotel Grand Pacific, Victoria BC.

EMPLOYMENT OPPORTUNITY: ACCOUNTANT

We are looking for an Accountant to join our team - to apply for this position, please visit Engaged HR. Thank you for your interest.

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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

2.30%

 

 

 

 

 

 

 

 

 
 
 
 
 

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