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Current Index Value

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Current Index Value

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

See Indexed ARMs.
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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.
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The index is calculated quarterly based on a base value of 100 in January 2008, so, for example, a current index value of 125 translates to a 25 percent improvement in combined ratios since January 2008.
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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.
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