cost of funds index


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cost of funds index (COFI)

A yield index based on the cost of funds to savings & loan institutions in the San Francisco Federal Home Loan Bank district. It is one of the indexes commonly used to set the rate of adjustable-rate mortgages.

References in periodicals archive ?
SAN FRANCISCO -- The Federal Home Loan Bank of San Francisco announced September 30, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for August 2010 is 1.
SAN FRANCISCO -- The Federal Home Loan Bank of San Francisco announced August 31, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for July 2010 is 1.
SAN FRANCISCO -- The Federal Home Loan Bank of San Francisco announced July 30, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for June 2010 is 1.
SAN FRANCISCO -- The Federal Home Loan Bank of San Francisco announced June 30, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for May 2010 is 1.
SAN FRANCISCO -- The Federal Home Loan Bank of San Francisco announced May 28, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for April 2010 is 1.
SAN FRANCISCO -- The Federal Home Loan Bank of San Francisco announced April 30, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for March 2010 is 1.
SAN FRANCISCO -- The Federal Home Loan Bank of San Francisco announced March 31, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for February 2010 is 1.