11th District Cost of Funds Index - COFI
- A monthly weighted average of the interest rates paid on checking and savings accounts offered by financial institutions operating in the states of Arizona, California and Nevada. Published on the last day of each month, the COFI represents the cost of funds for western American financial institutions.
The COFI is computed using several different factors, with interest paid on savings accounts comprising the largest weighting in the average. Because of this, the index tends to exhibit low volatility and follow market interest rate changes somewhat slowly; it is generally regarded as a two-month lagging indicator of market interest rates.
Because it is computed using data from three western states, the COFI is primarily used in the western U.S. while the Treasury Index is the measure of choice in the east.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
District of Columbia Public Schools — (DCPS) is the traditional public school system of Washington, D.C. in the United States. Contents 1 Composition and enrollment 2 Governance 3 No Child Left Behind Compliance … Wikipedia
Chartiers Valley School District — For other uses, see Chartiers (disambiguation). Chartiers Valley School District Map of Allegheny County, Pennsylvania School Districts with Chartiers Valley School District in orange in southwest Allegheny County … Wikipedia
McKeesport Area School District — Address 3590 O Neil Boulevard McKeesport, Pennsylvania, Allegheny … Wikipedia
Newport School District (Pennsylvania) — Newport School District Address 420 Fickes Lane Newport, Pennsylvania, Perry, 17074 … Wikipedia
Crawford Central School District — Crawford Center School District Address 11280 Mercer Pike Meadville, Pennsylvania, Crawford, 16335 … Wikipedia
Clairton City School District — located in southern Allegheny County Address 501 Waddell Avenue Cla … Wikipedia
Oil City Area School District — Address 825 Grandview Road Oil City, Pennsylvania, Venango, 16301 … Wikipedia
Mount Carmel Area School District — For other schools with the same name, see Mount Carmel High School. Mount Carmel Area School District Address 600 West 5th Street … Wikipedia
Commodore Perry School District — located in northern Mercer County Address 3002 Perry Highway Pennsylvan … Wikipedia
Mercer Area School District — Address 545 West Butler St. Mercer, Pennsylvania, Mercer, 16137 … Wikipedia
Mifflinburg Area School District — Address 178 Maple Street Mifflinburg, Pennsylvania, Union, 17844 … Wikipedia