Clients
FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Long-Term Borrowing Fixed Rate - 5 to 30 year term
10 year loan rate 2.43%
Short-Term Financing Floating Daily Rate - up to 5 year term
December 2, 2021 rate 0.96000 %
Short-Term Financing Historical Rates
Equipment Financing Fixed Monthly Rate - up to 25 year term
December 2021 rate 0.96000 %
Equipment Financing Historical Rates
Pooled Investments
December 1, 2021 Daily Price
Money Market Fund / $10.0000 / unit
Govt. Focused Ultra-short Bond Fund / $9.3808 / unit
Short-term Bond Fund / $9.8480 / unit
Fossil Fuel Free Short-term Bond Fund / $9.8378 / unit
Mortgage Fund / $9.9570 / unit
December 1, 2021 Yield to Maturity
Money Market Fund / 0.304 %
Govt. Focused Ultra-short Bond Fund / 0.657 %
Short-term Bond Fund / 1.416 %
Fossil Fuel Free Short-term Bond Fund / 1.392 %
Mortgage Fund / 2.340 %
Pooled High Interest Savings Account
For current rates, please log onto the secure client site or email invest@mfa.bc.ca.
CIBC
National Bank of Canada
Scotiabank
What's New?
NEWS & UPDATES:
Diversified Multi-Asset Class Fund: January 2022
Please see memo for further details.
Investment and Financing Webinars
Holiday Deadlines for New Loans and Funding Requests:
MFA offices will be closed on December 27, 28, and January 3 and will operate with a skeleton staff on December 24, 29-31. We are asking that all new loans be submitted by December 15 and funding requests be submitted no later than December 22 to allow time for processing that week. Questions? Email finance@mfa.bc.ca
Spring 2022 Long-Term Borrowing Opportunity:
Please see memo for details and deadlines.
MFA'S REPORT ON ESG & POOLED INVESTMENT FUNDS:
Please read the 2021 report for more information.
Scotiabank Pooled High Interest Savings Account
MFA is pleased to announce a third PHISA offering through Scotiabank. For rates and more information please email invest@mfa.bc.ca.
Change in Debt Reserve Fund Disbursement Process:
Please see memo for details.
2022 ANNUAL GENERAL MEETING
The Annual General Meeting of our Members and Financial Forum will be held over March 23-24, 2022 in Victoria.
Follow MFABC
Investors
2021 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
-
Standard & Poor's: A-1+
Bond Rate - 10 year
2.37%
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INVESTOR PRESENTATION
INVESTOR RELATIONS
RESEARCH REPORTS
-
Canadian Subnationals - Framework Report - October 2021 - Fitch Ratings
-
Sustainable Finance in Canada's Municipal Sector Advancing - May 2021 - CIBC
- Special Report - May 2020 - CIBC
Tools / Resources
Find status of loans, issue highlights, amortization schedules and historical rates.
Forms
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