cost of funds index

főnév

partial

cost of funds index

noun

Comparative law notes

Hungary

The term "cost of funds index" is used without further translation in Hungary.

Definitions of cost of funds index

English

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)

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