What Is A Treasury Index?
Definition of "What is a treasury index?"
A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for its Treasury bills and securities or is derived from the U.S. Treasury's daily yield curve, which is based on the closing market bid yields on actively traded Treasury securities in the over-the-counter market.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Legal abbreviation meaning with husband. ...
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Room containing a toilet and wash basin, but does not include a shower or bath tub. ...
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