FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Fixed Rate - 5 to 30 years 10 year loan rate 2.97%
Variable Rate - up to 5 years
Variable Rate - up to 25 years*
Daily floating rate 2.10%
*see program details for further information
Money Market Fund - $10.000 / unit
Intermediate Fund - $9.7526 / unit
Bond Fund - $9.7311 / unit
CIBC HISA rate 1.96% (effective Jan 18/18)
The MFA 2018 Annual General Meeting and Financial Forum will be held March 21/22 at the Hotel Grand Pacific in Victoria. Registration is now closed. Speaker presentation slides will be available on our website next week. View the 2018 Schedule of Events.
NEW: Short Term Lending Interest Missed for February 20, 2018 In the course of making technical updates to our systems, the interest calculation in our short-term lending programs for February 20, 2018 was missed. You will be seeing an additional EFT payment from your bank account to collect this amount. Please email us if you have any questions.
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.