FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Fixed Rate - 5 to 30 years 10 year loan rate 3.21%
Variable Rate - up to 5 years
Variable Rate - up to 25 years*
Daily floating rate 2.14%
*see program details for further information
Money Market Fund - $10.000 / unit
Intermediate Fund - $9.7231 / unit
Bond Fund - $9.6592 / unit
CIBC HISA rate 1.96% (effective Jan 18/18)
The MFA 2018 AGM and Financial Forum was held March 21/22. Slides from guest speaker presentations are available on our Governance page.
NEW: Fall 2018 Borrowing Opportunity: details and deadlines.
BCMFA Credit Ratings
Moody's: Aaa "Stable"
Fitch: AAA "Stable"
Standard & Poor's: AAA "Stable"
Short Term Ratings
Standard & Poor's: A-1+
Bond Rate - 10 year
Tools / Resources
Find status of loans, issue highlights, amortization schedules and historical rates.