Clients
DIVERSIFY YOUR INVESTMENTS WITH MFA
As a local government, it is important to review your investment plan regularly to ensure you have a diversified portfolio by taking advantage of all investment options available to you in the Community Charter Section 183. MFA has a suite of investment products designed to meet the varying needs of BC’s local governments. Whether you need to maintain liquidity, are looking to diversify your portfolio, or are thinking of investing longer-term, MFA offers low-cost and professionally managed investments to support your goals. Further information is available on the Client Portal.
FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Long-Term Borrowing Fixed Rate - 5 to 30 year term
10 year loan rate 4.15%
Short-Term Financing Floating Daily Rate - up to 5 year term
May 15, 2026 rate 2.86%
Please login to the Client Portal to view current and historical Short-Term Financing Rates.
Equipment Financing Fixed Monthly Rate - up to 25 year term
Monthly rate 2.84%
Please login to the Client Portal to view current and historical Equipment Financing Rates.
Pooled Investments
Please login to the Client Portal to view daily prices and yields.
- Money Market Fund
- Govt. Focused Ultra-short Bond Fund
- Short-term Bond Fund
- Fossil Fuel Free Short-term Bond Fund
- Mortgage Fund
- Diversified Multi-asset Class Fund
- Fossil Fuel Free Diversified Multi-asset Class Fund
Pooled High Interest Savings Account
Please login to the Client Portal to view current rates.
- CIBC
- National Bank of Canada
- Scotiabank
What's New?
NEWS & UPDATES:
2026 ANNUAL GENERAL MEETING
Members of the Authority will meet in Victoria on April 23, 2026. More details can be found here.
2026 FALL BORROWING OPPORTUNITY
Review our memo for full details. Please note the deadlines for RDs and RHDs.
MCMASTER UNIVERSITY PUBLIC BANKING PROJECT
The MFA's unique strengths and value proposition are highlighted in this Policy Brief just released by their researchers!
Enhanced Security for Client Portal Access
As of October 1st, 2025, two-factor authentication will be mandatory for all users of the MFA Client Portal. This step adds valuable cybersecurity protections for both your organization's financial data and MFA's services. Setup is simple - follow the prompts when you next sign in to our site.
May 27, 2026 - Local Government Cybersecurity Sector Day Registration Open!
MFA sponsors the semi-annual ISACA Local Government Sector Day on Cybersecurity. This complementary webinar event covers cybersecurity topics of interest to both technical and non-technical local government staff. This time we will review Cybersecurity Risk Management Fundamentals, hear from a panel of Local Government Cybersecurity leaders about what's next, and have a ransomware retrospective - one year after, from response to recovery to long-term resilience.
Sustaining Education Alliance - LGMA & GFOABC
We are pleased to share the launch of this significant funding initiative in support of BC Local Government Education. Learn more.
TAX LEVY RATES
Tax levy rates, instructions and electronic payment are now available on the Tax Levy tab in the Client Portal. Administrators, please ensure that staff responsible for the collection and payment of the levy have access to the Client Portal.
MFA'S SUITE OF POOLED FUNDS & RESPONSIBLE INVESTMENT
Read the letter from our Client Treasury Solutions team here. Please email us at invest@mfa.bc.ca for more information.
INVESTMENT INSIGHTS
Stay up to date with resources and insights: "Navigating markets: 2026 Economic and Investment Outlook"
Investors
- Moody's 2026: Aaa
- Standard & Poor's 2025: AAA
- Fitch 2025: AAA
Short Term Ratings
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Moody's: P-1
-
Standard & Poor's: A-1+
Bond Rate - 5 year
3.44%
Bond Rate - 10 year
4.05%
Bond Rate - 20 year
4.72%
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INVESTOR PRESENTATION
INVESTOR RELATIONS
RESEARCH REPORTS
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2025 Market View - September 8, 2025 - National Bank of Canada
-
2025 Canadian Municipalities & Agencies Fixed Income Primer - RBC Debt Capital Markets
Resources
Processes and templates for municipalities, RDs, and RHDs
Forms
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