11th District Cost of Funds Index

(COFI Rate)

Discontinued December 2021

Related Links
COFI Rate COSI Rate Comparison Daily Updates

11th District Cost of Funds Index Definition

What is the Cost of Funds Index? What is the COFI Rate?

Important Note
The last month the FHLBSF published the 11th District Cost of Funds Index was December 2021.
See: https://www.fhlbsf.com/resources/cofi

The 11th District Cost of Funds Index is the weighted average of the cost of borrowings (funds) to member banking institutions of the Federal Home Loan Bank of San Francisco (the 11th District). The index rate tends to lag market interest rate adjustments and is relatively stable because institutions borrow money for varying terms and do not pay market rates for all of their funds. For example, institutions most commonly borrow from depositors in the form of certificates of deposit (cd’s). The terms on cd’s vary from several days to several years and the interest rates paid were determined at the time of the deposit.

This index is reported monthly, although the reported rate generally lags behind two months (e.g. January’s index is reported in March, February’s index is reported in April, etc.)

11th District Cost of Funds Index (COFI) History (Discontinued 2021)

11th District Cost of Funds Index (COFI) Complete History

Index Rate	Index Month	Date Announced
0.218%	November 2021	December 31, 2021
0.225%	October 2021	November 30, 2021
0.225%	September 2021	October 29, 2021
0.238%	August 2021	September 30, 2021
0.263%	July 2021	August 31, 2021
0.282%	June 2021	July 30, 2021
0.306%	May 2021	June 30, 2021
0.343%	April 2021	May 28, 2021
0.377%	March 2021	April 30, 2021
0.408%	February 2021	March 31, 2021
0.457%	January 2021	February 26, 2021
0.460%	December 2020	January 29, 2021
0.466%	November 2020	December 31, 2020
0.503%	October 2020	November 30, 2020
0.523%	September 2020	October 30, 2020
0.529%	August 2020	September 30, 2020
0.653%	July 2020	August 31, 2020
0.682%	June 2020	July 31, 2020
0.755%	May 2020	June 30, 2020
0.740%	April 2020	May 29, 2020
0.884%	March 2020	April 30, 2020
0.989%	February 2020	March 31, 2020
0.984%	January 2020	February 28, 2020
1.036%	December 2019	January 31, 2020
1.035%	November 2019	December 31, 2019
1.100%	October 2019	November 29, 2019
1.127%	September 2019	October 31, 2019
1.155%	August 2019	September 30, 2019
1.155%	July 2019	August 30, 2019
1.141%	June 2019	July 31, 2019
1.144%	May 2019	June 28, 2019
1.095%	April 2019	May 31, 2019
0.958%	March 2019	April 30, 2019
1.166%	February 2019	March 29, 2019
1.125%	January 2019	February 28, 2019
1.056%	December 2018	January 31, 2019
1.060%	November 2018	December 31, 2018
1.079%	October 2018	November 30, 2018
1.018%	September 2018	October 31, 2018
1.015%	August 2018	September 28, 2018
1.018%	July 2018	August 31, 2018
0.934%	June 2018	July 31, 2018
0.885%	May 2018	June 29, 2018
0.895%	April 2018	May 31, 2018
0.814%	March 2018	April 30, 2018
0.816%	February 2018	March 30, 2018
0.777%	January 2018	February 28, 2018
0.753%	December 2017	January 31, 2018
0.746%	November 2017	December 29, 2017
0.737%	October 2017	November 30, 2017
0.729%	September 2017	October 31, 2017
0.732%	August 2017	September 29, 2017
0.707%	July 2017	August 31, 2017
0.657%	June 2017	July 31, 2017
0.648%	May 2017	June 30, 2017
0.645%	April 2017	May 31, 2017
0.583%	March 2017	April 28, 2017
0.591%	February 2017	March 31, 2017
0.616%	January 2017	February 28, 2017
0.599%	December 2016	January 31, 2017
0.603%	November 2016	December 30, 2016
0.598%	October 2016	November 30, 2016
0.601%	September 2016	October 31, 2016
0.703%	August 2016	September 30, 2016
0.693%	July 2016	August 31, 2016
0.690%	June 2016	July 29, 2016
0.691%	May 2016	June 30, 2016
0.690%	April 2016	May 31, 2016
0.678%	March 2016	April 29, 2016
0.670%	February 2016	March 31, 2016
0.664%	January 2016	February 29, 2016
0.655%	December 2015	January 29, 2016
0.644%	November 2015	December 31, 2015
0.649%	October 2015	November 30, 2015
0.651%	September 2015	October 30, 2015
0.639%	August 2015	September 30, 2015
0.643%	July 2015	August 31, 2015
0.659%	June 2015	July 31, 2015
0.687%	May 2015	June 30, 2015
0.680%	April 2015	May 29, 2015
0.687%	March 2015	April 30, 2015
0.700%	February 2015	March 31, 2015
0.698%	January 2015	February 27, 2015
0.692%	December 2014	January 30, 2015
0.686%	November 2014	December 31, 2014
0.671%	October 2014	November 28, 2014
0.663%	September 2014	October 31, 2014
0.667%	August 2014	September 30, 2014
0.676%	July 2014	August 29, 2014
0.668%	June 2014	July 31, 2014
0.667%	May 2014	June 30, 2014
0.682%	April 2014	May 30, 2014
0.701%	March 2014	April 30, 2014
0.709%	February 2014	March 31, 2014
0.768%	January 2014	February 28, 2014
0.784%	December 2013	January 31, 2014
0.783%	November 2013	December 31, 2013
0.963%	October 2013	November 29, 2013
0.957%	September 2013	October 31, 2013
0.956%	August 2013	September 30, 2013
0.954%	July 2013	August 30, 2013
0.954%	June 2013	July 31, 2013
0.951%	May 2013	June 28, 2013
0.970%	April 2013	May 31, 2013
0.967%	March 2013	April 30, 2013
0.999%	February 2013	March 29, 2013
0.962%	January 2013	February 28, 2013
1.071%	December 2012	January 31, 2013
1.000%	November 2012	December 31, 2012
1.011%	October 2012	November 30, 2012
1.038%	September 2012	October 31, 2012
1.069%	August 2012	September 28, 2012
1.094%	July 2012	August 31, 2012
1.116%	June 2012	July 31, 2012
1.118%	May 2012	June 29, 2012
1.140%	April 2012	May 31, 2012
1.163%	March 2012	April 30, 2012
1.206%	February 2012	March 30, 2012
1.224%	January 2012	February 29, 2012
1.221%	December 2011	January 31, 2012
1.201%	November 2011	December 30, 2011
1.218%	October 2011	November 30, 2011
1.276%	September 2011	October 31, 2011
1.316%	August 2011	September 30, 2011
1.350%	July 2011	August 31, 2011
1.338%	June 2011	July 29, 2011
1.360%	May 2011	June 30, 2011
1.359%	April 2011	May 31, 2011
1.452%	March 2011	April 29, 2011
1.469%	February 2011	March 31, 2011
1.484%	January 2011	February 28, 2011
1.508%	December 2010	January 31, 2011
1.571%	November 2010	December 31, 2010
1.654%	October 2010	November 30, 2010
1.663%	September 2010	October 29, 2010
1.713%	August 2010	September 30, 2010
1.753%	July 2010	August 31, 2010
1.797%	June 2010	July 30, 2010
1.791%	May 2010	June 30, 2010
1.825%	April 2010	May 28, 2010
1.859%	March 2010	April 30, 2010
1.614%	February 2010	March 31, 2010
1.786%	January 2010	February 26, 2010
1.828%	December 2009	January 29, 2010
2.094%	November 2009	December 31, 2009
1.259%	October 2009	November 30, 2009
1.272%	September 2009	October 30, 2009
1.412%	August 2009	September 30, 2009
1.473%	July 2009	August 31, 2009
1.599%	June 2009	July 31, 2009
1.832%	May 2009	June 30, 2009
1.380%	April 2009	May 29, 2009
1.627%	March 2009	April 30, 2009
2.003%	February 2009	March 31, 2009
2.455%	January 2009	February 27, 2009
2.757%	December 2008	January 30, 2009
3.155%	November 2008	December 31, 2008
3.125%	October 2008	November 28, 2008
2.769%	September 2008	October 31, 2008
2.693%	August 2008	September 30, 2008
2.698%	July 2008	August 29, 2008
2.829%	June 2008	July 31, 2008
2.918%	May 2008	June 30, 2008
3.111%	April 2008	May 30, 2008
3.280%	March 2008	April 30, 2008
3.560%	February 2008	March 31, 2008
3.970%	January 2008	February 29, 2008
4.072%	December 2007	January 31, 2008
4.172%	November 2007	December 31, 2007
4.233%	October 2007	November 30, 2007
4.383%	September 2007	October 31, 2007
4.359%	August 2007	September 28, 2007
4.277%	July 2007	August 31, 2007
4.283%	June 2007	July 31, 2007
4.293%	May 2007	June 29, 2007
4.224%	April 2007	May 31, 2007
4.299%	March 2007	April 30, 2007
4.376%	February 2007	March 30, 2007
4.392%	January 2007	February 28, 2007
4.396%	December 2006	January 31, 2007
4.358%	November 2006	December 29, 2006
4.346%	October 2006	November 30, 2006
4.382%	September 2006	October 31, 2006
4.277%	August 2006	September 29, 2006
4.177%	July 2006	August 31, 2006
4.090%	June 2006	July 31, 2006
3.884%	May 2006	June 30, 2006
3.759%	April 2006	May 31, 2006
3.624%	March 2006	April 28, 2006
3.604%	February 2006	March 31, 2006
3.347%	January 2006	February 28, 2006
3.296%	December 2005	January 31, 2006
3.190%	November 2005	December 30, 2005
3.074%	October 2005	November 30, 2005
2.972%	September 2005	October 31, 2005
2.870%	August 2005	September 30, 2005
2.757%	July 2005	August 31, 2005
2.676%	June 2005	July 29, 2005
2.622%	May 2005	June 30, 2005
2.515%	April 2005	May 31, 2005
2.400%	March 2005	April 29, 2005
2.317%	February 2005	March 31, 2005
2.183%	January 2005	February 28, 2005
2.118%	December 2004	January 31, 2005
2.025%	November 2004	December 31, 2004
1.960%	October 2004	November 30, 2004
1.931%	September 2004	October 29, 2004
1.875%	August 2004	September 30, 2004
1.816%	July 2004	August 31, 2004
1.758%	June 2004	July 30, 2004
1.708%	May 2004	June 30, 2004
1.802%	April 2004	May 28, 2004
1.815%	March 2004	April 30, 2004
1.841%	February 2004	March 31, 2004
1.811%	January 2004	February 27, 2004
1.902%	December 2003	January 30, 2004
1.821%	November 2003	December 31, 2003
1.909%	October 2003	November 28, 2003
1.923%	September 2003	October 31, 2003
1.946%	August 2003	September 30, 2003
2.018%	July 2003	August 29, 2003
2.113%	June 2003	July 31, 2003
2.130%	May 2003	June 30, 2003
2.208%	April 2003	May 30, 2003
2.210%	March 2003	April 30, 2003
2.257%	February 2003	March 31, 2003
2.308%	January 2003	February 28, 2003
2.375%	December 2002	January 31, 2003
2.537%	November 2002	December 31, 2002
2.708%	October 2002	November 29, 2002
2.759%	September 2002	October 31, 2002
2.763%	August 2002	September 30, 2002
2.821%	July 2002	August 30, 2002
2.847%	June 2002	July 31, 2002
2.772%	May 2002	June 28, 2002
2.723%	April 2002	May 31, 2002
2.653%	March 2002	April 30, 2002
2.744%	February 2002	March 29, 2002
2.823%	January 2002	February 28, 2002
3.074%	December 2001	January 31, 2002
3.368%	November 2001	December 31, 2001
3.628%	October 2001	November 30, 2001
3.974%	September 2001	October 31, 2001
4.106%	August 2001	September 28, 2001
4.274%	July 2001	August 31, 2001
4.498%	June 2001	July 31, 2001
4.745%	May 2001	June 29, 2001
4.946%	April 2001	May 31, 2001
5.198%	March 2001	April 30, 2001
5.426%	February 2001	March 30, 2001
5.514%	January 2001	February 28, 2001
5.617%	December 2000	January 31, 2001
5.607%	November 2000	December 29, 2000
5.589%	October 2000	November 30, 2000
5.548%	September 2000	October 31, 2000
5.509%	August 2000	September 29, 2000
5.456%	July 2000	August 31, 2000
5.357%	June 2000	July 31, 2000
5.196%	May 2000	June 30, 2000
5.078%	April 2000	May 31, 2000
5.002%	March 2000	April 28, 2000
4.967%	February 2000	March 31, 2000
4.901%	January 2000	February 29, 2000
4.852%	December 1999	January 31, 2000
4.773%	November 1999	December 31, 1999
4.666%	October 1999	November 30, 1999
4.608%	September 1999	October 29, 1999
4.562%	August 1999	September 30, 1999
4.500%	July 1999	August 31, 1999
4.504%	June 1999	July 30, 1999
4.480%	May 1999	June 30, 1999
4.490%	April 1999	May 28, 1999
4.519%	March 1999	April 30, 1999
4.562%	February 1999	March 31, 1999
4.608%	January 1999	February 26, 1999
4.655%	December 1998	January 29, 1999
4.691%	November 1998	December 31, 1998
4.762%	October 1998	November 30, 1998
4.882%	September 1998	October 30, 1998
4.899%	August 1998	September 30, 1998
4.911%	July 1998	August 31, 1998
4.881%	June 1998	July 31, 1998
4.881%	May 1998	June 30, 1998
4.903%	April 1998	May 29, 1998
4.917%	March 1998	April 30, 1998
4.968%	February 1998	March 31, 1998
4.987%	January 1998	February 27, 1998
4.963%	December 1997	January 30, 1998
4.949%	November 1997	December 31, 1997
4.957%	October 1997	November 28, 1997
4.941%	September 1997	October 31, 1997
4.904%	August 1997	September 30, 1997
4.887%	July 1997	August 29, 1997
4.853%	June 1997	July 31, 1997
4.864%	May 1997	June 30, 1997
4.822%	April 1997	May 30, 1997
4.780%	March 1997	April 30, 1997
4.759%	February 1997	April 1, 1997
4.821%	January 1997	February 28, 1997
4.842%	December 1996	January 31, 1997
4.835%	November 1996	December 31, 1996
4.839%	October 1996	November 29, 1996
4.834%	September 1996	October 31, 1996
4.839%	August 1996	September 30, 1996
4.819%	July 1996	August 30, 1996
4.809%	June 1996	July 31, 1996
4.823%	May 1996	June 28, 1996
4.841%	April 1996	May 31, 1996
4.874%	March 1996	April 30, 1996
4.975%	February 1996	March 29, 1996
5.033%	January 1996	February 29, 1996
5.059%	December 1995	January 31, 1996
5.119%	November 1995	December 29, 1995
5.116%	October 1995	November 30, 1995
5.111%	September 1995	October 31, 1995
5.133%	August 1995	September 29, 1995
5.144%	July 1995	August 31, 1995
5.179%	June 1995	July 31, 1995
5.141%	May 1995	June 30, 1995
5.064%	April 1995	May 31, 1995
5.007%	March 1995	April 28, 1995
4.925%	February 1995	March 31, 1995
4.747%	January 1995	February 28, 1995
4.589%	December 1994	January 31, 1995
4.367%	November 1994	December 30, 1994
4.187%	October 1994	November 30, 1994
4.039%	September 1994	October 31, 1994
3.945%	August 1994	September 30, 1994
3.860%	July 1994	August 31, 1994
3.804%	June 1994	July 29, 1994
3.726%	May 1994	June 30, 1994
3.672%	April 1994	May 31, 1994
3.629%	March 1994	April 29, 1994
3.687%	February 1994	March 31, 1994
3.710%	January 1994	February 28, 1994
3.879%	December 1993	January 31, 1994
3.822%	November 1993	December 30, 1993
3.823%	October 1993	November 30, 1993
3.881%	September 1993	October 29, 1993
3.958%	August 1993	September 30, 1993
3.998%	July 1993	August 31, 1993
4.050%	June 1993	July 30, 1993
4.103%	May 1993	June 30, 1993
4.171%	April 1993	May 28, 1993
4.245%	March 1993	April 30, 1993
4.333%	February 1993	March 31, 1993
4.360%	January 1993	February 26, 1993
4.432%	December 1992	January 29, 1993
4.508%	November 1992	December 31, 1992
4.597%	October 1992	November 30, 1992
4.805%	September 1992	October 30, 1992
4.874%	August 1992	September 30, 1992
5.069%	July 1992	August 31, 1992
5.258%	June 1992	July 31, 1992
5.290%	May 1992	June 30, 1992
5.427%	April 1992	May 29, 1992
5.611%	March 1992	April 30, 1992
5.800%	February 1992	March 31, 1992
6.002%	January 1992	February 28, 1992
6.245%	December 1991	January 31, 1992
6.414%	November 1991	December 31, 1991
6.566%	October 1991	November 29, 1991
6.714%	September 1991	October 31, 1991
6.845%	August 1991	September 30, 1991
6.998%	July 1991	August 30, 1991
7.155%	June 1991	July 31, 1991
7.329%	May 1991	June 28, 1991
7.501%	April 1991	May 31, 1991
7.654%	March 1991	April 30, 1991
7.848%	February 1991	March 29, 1991
7.858%	January 1991	February 28, 1991
7.963%	December 1990	January 31, 1991
8.044%	November 1990	December 31, 1990
8.050%	October 1990	November 30, 1990
8.091%	September 1990	October 31, 1990
8.075%	August 1990	September 28, 1990
8.109%	July 1990	August 31, 1990
8.086%	June 1990	July 31, 1990
8.171%	May 1990	June 29, 1990
8.211%	April 1990	May 31, 1990
8.258%	March 1990	April 30, 1990
8.403%	February 1990	March 30, 1990
8.369%	January 1990	February 28, 1990
8.476%	December 1989	January 31, 1990
8.595%	November 1989	December 29, 1989
8.643%	October 1989	November 30, 1989
8.807%	September 1989	October 31, 1989
8.763%	August 1989	September 29, 1989
8.844%	July 1989	August 31, 1989
8.923%	June 1989	July 31, 1989
8.797%	May 1989	June 30, 1989
8.648%	April 1989	May 31, 1989
8.423%	March 1989	April 28, 1989
8.346%	February 1989	March 31, 1989
8.125%	January 1989	February 28, 1989
8.022%	December 1988	January 31, 1989
7.914%	November 1988	December 30, 1988
7.828%	October 1988	November 30, 1988
7.847%	September 1988	October 31, 1988
7.659%	August 1988	September 30, 1988
7.593%	July 1988	August 31, 1988
7.618%	June 1988	July 29, 1988
7.497%	May 1988	June 30, 1988
7.519%	April 1988	May 31, 1988
7.509%	March 1988	April 29, 1988
7.647%	February 1988	March 31, 1988
7.615%	January 1988	February 29, 1988
7.645%	December 1987	January 29, 1988
7.562%	November 1987	December 31, 1987
7.444%	October 1987	November 30, 1987
7.394%	September 1987	October 30, 1987
7.277%	August 1987	September 30, 1987
7.275%	July 1987	August 31, 1987
7.274%	June 1987	July 31, 1987
7.223%	May 1987	June 30, 1987
7.245%	April 1987	May 29, 1987
7.314%	March 1987	April 30, 1987
7.448%	February 1987	March 31, 1987
7.396%	January 1987	February 27, 1987
7.509%	December 1986	January 30, 1987
7.602%	November 1986	December 26, 1986
7.717%	October 1986	November 28, 1986
7.901%	September 1986	October 31, 1986
8.018%	August 1986	September 25, 1986
8.196%	July 1986	August 29, 1986
8.374%	June 1986	July 25, 1986
8.441%	May 1986	June 27, 1986
8.587%	April 1986	May 30, 1986
8.744%	March 1986	April 25, 1986
8.964%	February 1986	March 28, 1986
8.770%	January 1986	February 28, 1986
8.867%	December 1985	January 31, 1986
9.036%	November 1985	December 27, 1985
9.027%	October 1985	November 29, 1985
9.129%	September 1985	October 25, 1985
9.273%	August 1985	September 27, 1985
9.365%	July 1985	August 30, 1985
9.565%	June 1985	July 26, 1985
9.704%	May 1985	June 28, 1985
9.872%	April 1985	May 31, 1985
9.976%	March 1985	April 26, 1985
10.160%	February 1985	March 29, 1985
10.217%	January 1985	February 27, 1985
10.520%	December 1984	January 25, 1985
10.891%	November 1984	December 28, 1984
10.994%	October 1984	November 30, 1984
11.039%	September 1984	October 26, 1984
10.857%	August 1984	September 28, 1984
10.712%	July 1984	August 31, 1984
10.434%	June 1984	July 27, 1984
10.260%	May 1984	June 29, 1984
10.135%	April 1984	May 25, 1984
9.982%	March 1984	April 27, 1984
10.172%	February 1984	March 30, 1984
10.032%	January 1984	February 24, 1984
10.192%	December 1983	January 27, 1984
10.030%	November 1983	December 30, 1983
9.997%	October 1983	November 25, 1983
9.996%	September 1983	October 28, 1983
9.969%	August 1983	September 30, 1983
9.676%	July 1983	August 25, 1983
9.824%	June 1983	July 29, 1983
9.626%	May 1983	June 24, 1983
9.807%	April 1983	May 27, 1983
9.873%	March 1983	April 29, 1983
10.423%	February 1983	March 25, 1983
10.462%	January 1983	March 1, 1983
11.093%	December 1982	January 28, 1983
11.042%	November 1982	December 30, 1982
11.286%	October 1982	November 26, 1982
11.766%	September 1982	October 29, 1982
11.957%	August 1982	September 24, 1982
12.234%	July 1982	August 27, 1982
12.673%	June 1982	August 6, 1982
12.167%	May 1982	June 25, 1982
12.168%	April 1982	May 4, 1982
12.140%	March 1982	April 30, 1982
12.341%	February 1982	March 26, 1982
11.950%	January 1982	February 26, 1982
12.182%	December 1981	January 29, 1982
12.469%	November 1981	December 31, 1981
12.293%	October 1981	November 27, 1981
12.325%	September 1981	October 30, 1981
12.029%	August 1981	September 25, 1981
11.848%	July 1981	August 28, 1981

Source: Federal Home Loan Bank of San Francisco

If you are looking for mortgage rates, they can be found at https://www.moneycafe.com/mortgage-rates/

Reasonable efforts are made to maintain accurate information. However, information could contain errors or inaccuracies and is presented without warranty. No liability is assumed for errors or omissions.