Clients
DIVERSIFY YOUR INVESTMENTS WITH MFA
As a local government, it is important to review your investment plan regularly to ensure you have a diversified portfolio by taking advantage of all investment options available to you in the Community Charter Section 183. MFA has a suite of investment products designed to meet the varying needs of BC’s local governments. Whether you need to maintain liquidity, are looking to diversify your portfolio, or are thinking of investing longer-term, MFA offers low-cost and professionally managed investments to support your goals. Further information is available on the Client Portal.
FINANCING & INVESTING FOR LOCAL GOVERNMENTS
Long-Term Borrowing Fixed Rate - 5 to 30 year term
10 year loan rate 4.20%
Short-Term Financing Floating Daily Rate - up to 5 year term
November 20, 2024 rate 4.40%
Please login to the Client Portal to view current and historical Short-Term Financing Rates.
Equipment Financing Fixed Monthly Rate - up to 25 year term
Monthly rate 4.63%
Please login to the Client Portal to view current and historical Equipment Financing Rates.
Pooled Investments
Please login to the Client Portal to view daily prices and yields.
- Money Market Fund
- Govt. Focused Ultra-short Bond Fund
- Short-term Bond Fund
- Fossil Fuel Free Short-term Bond Fund
- Mortgage Fund
- Diversified Multi-asset Class Fund
- Fossil Fuel Free Diversified Multi-asset Class Fund
Pooled High Interest Savings Account
Please login to the Client Portal to view current rates.
- CIBC
- National Bank of Canada
- Scotiabank
What's New?
NEWS & UPDATES:
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2025 SPRING BORROWING OPPORTUNITY
Review the memo for full details. Please note the deadlines for RDs and RHDs.
2025 Annual General Meeting: April 23 & 24
The 2025 Annual General Meeting of the Members of the Authority will be held at 1:30pm on Thursday, April 24, 2025 in Victoria, BC. Full event details will be announced in early 2025. Register here.
Announcing the Sustaining Education Alliance
We are pleased to share the launch of this significant funding initiative in support of BC Local Government Education.
2024 TAX LEVY RATES
Tax levy rates, payment forms and instructions are now available on the Tax Levy tab in the Client Portal. Administrators, please ensure that staff responsible for the collection and payment of the levy have access to the Client Portal.
LOCAL GOVERNMENT SECTOR DAY WEBINAR ON CYBERSECURITY
The session recording is now available here.
MFA'S REPORT ON RESPONSIBLE INVESTING & POOLED INVESTMENT FUNDS
Read the letter from our Client Services team here. Please email us at invest@mfa.bc.ca for more information.
INVESTMENT INSIGHTS
Read PH&N Institutional's Global Investment Outlook- Summer 2024.
Performing a material ESG risk analysis should be considered as essential as other conventional credit research. Read PH&N Institutional’s article.
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Investors
- Moody's 2024: Aaa
- Standard & Poor's 2024: AAA
- Fitch 2024: AAA
Short Term Ratings
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Moody's: P-1
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Standard & Poor's: A-1+
Bond Rate - 10 year
4.10%
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INVESTOR PRESENTATION
INVESTOR RELATIONS
RESEARCH REPORTS
Resources
Processes and templates for municipalities, RDs, and RHDs
Forms
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