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 %
Equipment FinancingFixed Monthly Rate - up to 25 year term
February 2020 rate 2.48500 %
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 %
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
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
2.02%
Investor Relations
Tools / Resources
Find status of loans, issue highlights, amortization schedules and historical rates.
Forms
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