Municipal Finance Authority of British Columbia plans add-on to 4.15% 10-year notes

By Cristal Cody

Prospect News, Sept. 29 - The Municipal Finance Authority of British Columbia (Aaa/AAA/AAA) is expected to sell C$100 million to C$150 million in a reopening of its 4.15% notes due June 1, 2021, a source said.

The offering is expected to price the week of Oct. 3.

The Victoria, B.C.-based authority, which borrows funds on behalf of municipalities in British Columbia, typically issues twice a year.

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