   
|
|
|
|
11th District Cost Of Funds Index
|
The 11th District Cost of Funds Index (COFI) is a measure of interest rates paid by savings institutions in Arizona, California, and Nevada (11th Federal Home Loan Bank District). The 11th District Cost of Funds Index shows the cost of money to these savings institutions. A monthly weighted average of interest rates make up the 11th District Cost of Funds Index. Released each month, the 11th District Cost of Funds Index has several computation factors, including interest on depositor accounts and advances from the FHLB. The largest component of 11th District Cost of Funds Index is interest paid on savings accounts. As a result, the 11th District Cost of Funds Index is a two-month lagging indication of market interest rates. The 11th District Cost of Funds Index is used to monitor the current cost of funds, to help establish lending rates. Many adjustable rate mortgages (ARM) in the Western U.S. are tied to the 11th District Cost of Funds Index. |
|
Is the stock market headed lower? The answer may surprise you.
Find out now with the exclusive & highly regarded charts of Chart of the Day.
|
Popular Terms : deferred revenue, forward PE, 401a, minority interest, deferred tax, retained earnings, average price per share, trailing PE, 144a, real GDP, FICO score, diluted share, wholly-owned subsidiary, net book value, cancelled check, debt service coverage, 1031 exchange, LIBOR, liquidity ratio, arm's length transaction, option premium, commodity, EBITDA, inflation, reverse mortgage, per diem, balance sheet, 1035 exchange, phantom income, Zero Cost Collar, assets under management, margin rate, covered put, required rate of return, Key Rate Duration, current ratio, APR, class C shares, quant, Russell 3000, stock, asset/equity ratio, CUSIP, Black Friday, annualize
|
|
|
|
Rate the 11th District Cost of Funds Index definition... |
|
Receive our free Term of the Day email. |
|
|