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.
Please refer to the Debenture Issue Process.