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Federal Home Loan Bank of San Francisco Releases April 2008 Cost of Funds Index.

Publication: Business Wire
Publication Date: 30-MAY-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SAN FRANCISCO -- The Federal Home Loan Bank of San Francisco announced May 30, 2008, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for April 2008 is 3.111%. The index for March 2008 was 3.280%.

The COFI is computed from the actual interest expense reported for a given month by the Arizona, California, and Nevada savings institutions members of the Federal Home Loan Bank of San Francisco that satisfy the Bank's criteria for...

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