Certificate of Deposit Index

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Icon Mini Profile Sam
Sam
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Joined: 21 May 2005

Posts: 281
Location: CALIFORNIA
117.49 Dollars($)
PostPosted: Sat Apr 10, 2004 4:36 am    Post subject: Certificate of Deposit Index

Certificate of Deposit Index is a financial index that helps to determine how the rates on an ARM will fluctuate.

The CODI is determined by taking into account the weekly average of interest rates on 6 month Certificate of Deposit. The Certificate of Deposit Index reacts quickly to variations in the market.
Icon Mini Profile Jessica
Jessica
Community Mentor
Community Mentor


Joined: 08 Jun 2004

Posts: 814
Location: OHIO
195.95 Dollars($)
PostPosted: Thu May 18, 2006 11:39 pm    Post subject: Certificate of Deposit (CD) index

The rate table given below specifies the monthly interest rates applied on 3 months CD and 6 months CD respectively.

Period3 Mths6-Mths
Jul 053.57
3.80
Aug 053.77
3.99
Sep 053.87
4.01
Oct 054.13
4.32
Nov 054.31
4.52
Dec 054.45
4.62
Jan 064.56
4.69
Feb 064.72
4.88
Mar 064.88
5.01
Apr 065.03
5.17
May 065.15
5.25
Jun 065.35
5.46


Certificate of deposits

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