Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Financing

Long-Term

Fixed Rate - 5 to 30 years           10 year loan rate 2.74%

Short-Term

Variable rate - up to 5 years      Daily floating rate 1.38%

Equipment Financing

Variable rate - up to 25 years*    Daily floating rate 1.38% see program details for further information

Investing

Pooled Investments

Daily Price - November 28 2016

Money Market Fund - 10.000

Intermediate Fund - 9.9735

Bond Fund - 9.9684

Municipal Investment Plan

Municipal employees and elected officials

What's New?

Interested in learning how the borrowing process works?:

The MFA will be facilitating a Debt Financing Course on November 9th, 2016 in Vancouver. More information and registration is available on the GFOABC website.

Pooled Investment Funds - see our Memorandum outlining record-keeping and valuation changes

The MFA's position on fossil-fuel divestiture

Fall Loan Issue #139 details

Tax Levy Rates for 2016 now available

New Actuarial Rate: For future loan issues the actuarial rate will be set at 3.0% memo.

Spring 2017 Borrowing Opportunity: details and deadlines

Follow MFABC: MFABC @MunicipalFinance @MFABC1970

Investors

BCMFA Credit Ratings

  • Moody's: Aaa "Stable"
  • Fitch: AAA "Stable"
  • Standard & Poor's: AAA "Stable"

Short Term Ratings

  • Moody's: P-1
  • Standard & Poor's: A-1+

Bond Rate - 10 year

2.68%

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