All of the LIBOR rates are down substantially over last month. See links below.
The 1 Year Constant Maturity Treasury Rate (1 Year CMT) was 0.50% for May. This brings the 12 Month Treasury Average (12 MTA) down to 1.210% nearing it’s low for the last decade.
As announced yesterday, the 11th District Cost of Funds Index (COFI) dropped again in April to 1.380%. For comparison, the Certificates of Deposit Index (CODI) was 2.265% for April and the Wachovia Cost of Savings Index (COSI) was slightly changed at 3.55% (unconfirmed number) for April.
All of our rate data, graphs and charts have been updated to reflect the new data. (The Prime Rate and Fed Funds Rate remain the same.)