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Từ vựng:

cost of funds index

Giải nghĩa:

/kɒst ʌv fʌndz ˈɪndɛks/ – Phrase


Definition: Chỉ số chi phí vốn.

A more thorough explanation: the average interest paid by financial institutions in a certain region, which is used as a base for calculating interest rates for certain mortgages (=agreement to borrow money to buy a house)

Example: In March, COFI landed at 0.8 basis points less than it did at the end of February.

 

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