COFI definition

COFI. The Monthly Weighted Average Cost of Funds Index for the Eleventh District Savings Institutions published by the Federal Home Loan Bank of San Francisco.
COFI. The monthly weighted average cost of funds for savings institutions the home offices of which are located in Arizona, California, or Nevada that are member institutions of the Eleventh Federal Home Loan Bank District, as computed from statistics tabulated and published by the Federal Home Loan Bank of San Francisco in its monthly Information Bulletin.

Examples of COFI in a sentence

  • Also, the FAO Fisheries Department has been requested to report to COFI and to the United Nations General Assembly on the implementation of the Code.

  • Some commonly used indices include the 1-Year Constant Maturity Treasury Rate (CMT), the 6-Month London Interbank Offered Rate (LIBOR), the 11th District Cost of Funds (COFI), and the Moving Treasury Average (MTA), a 12-month moving average of the monthly average yields of U.S. Treasury securities adjusted to a constant maturity of one year.

  • Among the most common indexes are the rates on one-year constant-maturity Treasury (CMT) securities, the Cost of Funds Index (COFI), and the London Interbank Offered Rate (LIBOR).

  • Unless otherwise provided in the related Terms Supplement, each Floating Rate or Inverse Floating Rate Class shall bear interest during each Accrual Period at a rate determined by reference to one of the following indices: (i) LIBOR, (ii) COFI, (iii) a Treasury Index or (iv) the Prime Rate.

  • Each mortgage in the pool provides for inter- est payments based on the eleventh district cost of funds index (hereinafter COFI) plus a margin.


More Definitions of COFI

COFI. The 11th District Cost of Funds Index published each month by the Federal Home Loan Bank of San Francisco for the prior month in its monthly Information Bulletin, currently available from the Federal Home Loan Bank of San Francisco, 000 Xxxxxxxxxx Xxxxxx, Xxx Xxxxxxxxx, Xxxxxxxxxx 00000, telephone: (000) 000-0000.
COFI has the meaning set forth in the preamble to this Agreement.
COFI. The per annum rate equal to the monthly weighted average cost of funds for member institutions of the Eleventh District of the Federal Home Loan Bank System, as published by the Federal Home Loan Bank of San Francisco.
COFI. With respect to any Interest Accrual Period for any COFI Class, the Eleventh District Cost of Funds Index or the value for such Interest Accrual Period of any replacement index determined as specified in the Prospectus Supplement.
COFI. As to any Distribution Date, the weighted average cost of funds of depository institutions, headquartered in Arizona, California or Nevada and members of the Eleventh District of the Federal Home Loan Bank System, as computed from statistics tabulated and published by the FHLB of San Francisco, as determined by the Trust Administrator in accordance with Section 4.11.
COFI means the Federal Home Loan Bank Eleventh District Cost of Funds Index.
COFI means Council of Forest Industries of BC