FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Fixed Rate - 5 to 30 years 10 year loan rate 2.90%
Variable Rate - up to 25 years* Daily floating rate 2.07%
*see program details for further information
Money Market Fund - $10.000 / unit
Intermediate Fund - $9.7674 / unit
Bond Fund - $9.7266 / 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. Please click here for more information and to register.
Commentary on Bond Fund performance from our professional fund managers at Phillips, Hager & North.
Spring 2018 Borrowing Opportunity: details and deadlines.
NEW: Fall 2018 Borrowing deadline will be early this year: Application for C of A's must be submitted to the Ministry by Friday, July 13, 2018.
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.