Long-Term Financing


Capital infrastructure is a major component of economic development in both attracting and retaining business investment and promoting communities as appealing places to live. The main purpose of the NSMFC is to provide low-cost, long-term capital financing for municipalities to help meet these needs.  

Our flexible terms – 3 to 15 years with amortization periods up to 25 years – can be arranged to meet your municipality’s needs. Interest rates available to municipalities are the lowest possible because borrowings are guaranteed by the Province of Nova Scotia.  

Typically NSMFC debentures are issued twice a year, once in the spring and once in the fall.

Priorities 2017-18

  • The NSMFC will provide low-cost financing by issuing pooled debentures for the approved amount required to meet municipal borrowing requirements and lending a similar amount to our clients.
  • Pooling of capital requirements allows the NSMFC to access capital markets and achieve pricing based on the Province of Nova Scotia credit spreads.

Application process

Please refer to the Debenture Issue Process.