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 4.43%

Short-Term Financing Floating Daily Rate - up to 5 year term

March 15-21, 2024 rate 5.6000 %   

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

March 2024 rate 5.5800 %

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:

MFABC sponsors cybersecurity events for BC Local Governments

VIPSS - WORKSHOP AT THE SUMMIT
Participate in our Local Government cybersecurity workshop as part of the Vancouver International Privacy & Security Summit in Vancouver on March 6, 2024. Click here to view the full event agenda and register.

2024 Annual General Meeting

The 2024 Annual General Meeting of our Members will be held on Wednesday, March 27, 2024 at the Hotel Grand Pacific, Victoria, BC. Event registration is open until March 12th.

Spring 2024 Long-Term Borrowing Opportunity

Borrowing requests for the Spring 2024 long-term debt issue will be reviewed at MFA's AGM on March 27, 2024. All regional districts must submit any applications for Certificate(s) of Approval (C of A) on Security Issuing (SI) bylaws to the Ministry of Municipal Affairs (Ministry), no later than February 14, 2024. Read the full memo 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

Is it time to get on the 'bond-wagon'? Read PH&N Instituional’s article here.

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Investors

BCMFA Credit Ratings

  • Moody's 2023: Aaa 
  • Standard & Poor's 2023: AAA 
  • Fitch 2023: AAA

Short Term Ratings

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

Bond Rate - 10 year

4.33%

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INVESTOR PRESENTATION

INVESTOR RELATIONS

RESEARCH REPORTS

 

 

 

 

 

 

 
 
 
 
 

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