FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Fixed Rate - 5 to 30 years 10 year loan rate 2.50%
Variable rate - up to 5 years Daily floating rate 1.40%
Variable rate - up to 25 years* Daily floating rate 1.40%
see program details for further information
Daily Price - April 24, 2017
Money Market Fund - 10.000
Intermediate Fund - 9.9154
Bond Fund - 9.9721
Loan proceeds will be distributed on Friday April 7, 2017. details
Our Financial Forum and Annual General Meeting was held March 29-30, 2017. Please see our Governance page to view slides from the presentations.
The MFA's position on fossil-fuel divestiture
Tax Levy Rates for 2017 now available
New Actuarial Rate: For future loan issues the actuarial rate will be set at 3.0% memo.
Fall 2017 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.