
Alberta Capital Finance Authority (ACFA), founded in 1993 and based in Edmonton, Alberta, serves as a financial intermediary for Alberta's municipalities and public sector entities. Its primary purpose is to provide cost-effective financing solutions, empowering local governments to fund infrastructure and community projects efficiently.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ALBCAP 4.45% 2025-12-15 CADAlberta Capital Finance Authority | Canada | 2025-12-15 | 4.450 | 2.53 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
ACFA has been actively issuing bonds since its inception, establishing itself as a prominent player in the municipal bond market. Notably, in 2022, ACFA issued a $250 million bond with a remarkable yield of 2.75%, which was competitive against other Canadian municipal issuers. These bonds often feature special provisions such as flexibility in repayment terms and are utilized to support vital public services across Alberta. In recent years, ACFA has maintained a strong credit rating, reflecting its robust financial health and strategic management of public funds.