Clients
FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Long-Term Borrowing Fixed Rate - 5 to 30 year term
10 year loan rate 2.25%
Short-Term Financing Floating Daily Rate - up to 5 year term
June 16, 2021 rate 0.94000 %
Equipment Financing Fixed Monthly Rate - up to 25 year term
June 2021 rate 0.94000 %
Pooled Investments
June 15, 2021 Daily Price
Money Market Fund / $10.0000 / unit
Govt. Focused Ultra-short Bond Fund / $9.5211 / unit
Short-term Bond Fund / $10.0308 / unit
Fossil Fuel Free Short-term Bond Fund / $10.0308 / unit
Mortgage Fund / $10.0826 / unit
June 15, 2021 Yield to Maturity
Money Market Fund / 0.270 %
Govt. Focused Ultra-short Bond Fund / 0.289 %
Short-term Bond Fund / 0.854 %
Fossil Fuel Free Short-term Bond Fund / 0.797 %
Mortgage Fund / 2.165 %
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:
RFP: Outsourced Chief Investment Officer & Asset Management Services
View the Request for Proposal #: 2021-05-AA. Proposals must be received before 2:00pm PT on June 11, 2021.
Investment and Financing Webinars
Join our next session on June 15, 2021 at 9:30am - 11:00am. Visit GFOABC to register.
MFA'S REPORT ON ESG & POOLED INVESTMENT FUNDS:
Please read the 2021 report for more information.
NEW: 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.
NEW: 2021 Tax Levy Collection
Please see memo for details.
Fall 2021 Long-Term Borrowing Opportunity & Notice of Actuarial Adjustment:
Please see memo for details and deadlines.
Change in Debt Reserve Fund Disbursement Process:
Please see memo for details.
COVID-19 Response:
Follow MFABC
Investors
2021 BCMFA Credit Ratings
-
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
2.15%
INVESTOR RELATIONS
RESEARCH REPORTS
-
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
Know what service you want to apply for? Find all of our forms here.