Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Financing

Long-Term

Fixed Rate - 5 to 30 years           10 year loan rate 2.79%

Short-Term

Variable rate - up to 5 years      Daily floating rate 1.42%

Equipment Financing

Variable rate - up to 25 years*    Daily floating rate 1.42% see program details for further information

Investing

Pooled Investments

Daily Price - February 21, 2017

Money Market Fund - 10.000

Intermediate Fund - 9.9362

Bond Fund - 9.9415

Municipal Investment Plan

*IMPORTANT - RRSP CONTRIBUTION DEADLINE REMINDER*
March 1st is the deadline to make RRSP contributions to be included on receipts for the first 60 days of 2017.  We must receive these contributions and payments no later than March 1st. Please remind your plan members about the importance of updating their address to ensure they receive their RRSP receipts. Updates can be completed on our Plan Member Services website at www.mysunlife.ca/member.

 

What's New?

2017 Financial Reports:

are available on the MFA client secure site. Your site administrator can set up guest access for auditors to facilitate year-end confirmations.

Registration is now open for our Financial Forum and Annual General Meeting, March 29-30, 2017

The MFA's position on fossil-fuel divestiture

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

2.72%

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