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New COFI

The 11th District Cost of Funds Index (COFI) was updated this afternoon.  The new rate of 2.757% is the lowest rate since the middle of 2005.  The index should go even lower as deposit rates continue to decline.

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This entry was posted on Friday, January 30th, 2009 at 3:20 pm and is filed under Interest Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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