MFC adopted a new prepayment policy on March 24, 2009.  Loans and debentures issued prior to March 24, 2009 are subject to the previous policy.

1. The Municipal Financing Corporation of Saskatchewan (MFC) requires formal written notice of a borrower's intention to prepay a debenture. The notice should be directed to the General Manager of the Municipal Financing Corporation of Saskatchewan. A minimum of 30 days notice is required, and MFC reserves the right to determine the prepayment date. Payment in full is due on the prepayment date.

2. The price at which a debenture may be prepaid is calculated as the sum of:

(a) all amounts of principal and interest due on or before the redemption date that have not yet been paid; plus

(b) the fair market value of the remaining principal amount of the debenture as determined by MFC.

1. The Municipal Financing Corporation of Saskatchewan (MFC) requires formal written notice of a borrower's intention to prepay a debenture. The notice should be directed to the General Manager of the Municipal Financing Corporation of Saskatchewan. A minimum of 30 days notice is required, and MFC reserves the right to determine the prepayment date. Payment in full is due on the prepayment date.

2. The price at which a debenture may be prepaid is calculated as the sum of:

(a) all amounts of principal and interest due on or before the redemption date that have not yet been paid; plus

(b) the remaining principal of the debenture plus 50% of the difference between the principal of the debenture and its fair market value as determined by MFC.

3. Barring extraordinary circumstances, MFC will not provide new financing to a borrower during the 12 month period following a prepayment of debentures.