Clients

FINANCING & INVESTING FOR LOCAL GOVERNMENTS

Long-Term Financing

Fixed Rate - 5 to 30 years           10 year loan rate 2.90%

Short-Term Financing

Variable Rate - up to 5 years      Daily floating rate 2.07%
Historical rates

Equipment Financing

Variable Rate - up to 25 years*    Daily floating rate 2.07%  
*see program details for further information
Historical rates
 

Pooled Investments

Money Market Fund - $10.000 / unit

Intermediate Fund - $9.7674 / unit

Bond Fund - $9.7266 / unit

Pooled High Interest Savings Account

CIBC HISA rate 1.96% (effective Jan 18/18)

Municipal Investment Plan

Rates of Return September 2017

 

What's New?

2018 MFA Financial Forum & AGM:

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.

Pooled High Interest Savings Account now available: Current rate of return is 1.96%.  See the program page or email us for more information.

Commentary on Bond Fund performance from our professional fund managers at Phillips, Hager & North.

Change in Issue Proceeds disbursement process: RD & RHD notice, Municipal notice.

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.

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

2.83%

 
 

 

 

 

 

 

 

 

 
 
 
 
 

Home

Tools / Resources

Find status of loans, issue highlights, amortization schedules and historical rates.

See More»

Forms

Know what service you want to apply for?  Find all of our forms here.

Read More »