Current Index Value

Current Index Value

The most recently published value of the index used to adjust the interest rate on an indexed ARM.

See Indexed ARMs.

References in periodicals archive ?
The current index value of Hyderabad recorded a decline, resulting in cheaper residential properties.
Favorably, the equity index put contracts were generally written with strike prices equal to the then current index value, had a weighted average maturity of 13.
Finally, the relatively high level of the current index value suggests that risk managers should consider increasing their policy limits to match the expanded coverage.
Complete BATS 1000 Index information, criteria for inclusion and current index value are available at: http://www.
Complete BATS 1000 index methodology, criteria for inclusion and current index value are available at: http://www.
The indices have a base value of 100 in January 2000; thus, for example, a current index value of 150 translates to a 50% appreciation rate since January 2000 for a typical home located within the subject market.
Due to data availability and the time necessary to calculate the most current index values, the index is produced two months after the end of the quarter.
Current index values for the November - March winter season show very clearly how warm this winter has been in most of the United States.

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