Based on the amount of new treatment in January… Balance-based co-fix is also 0.04%p↓
The COFIX (finance cost index), which is the standard for the variable interest rate of bank mortgage loans, has slightly decreased.
According to the Federation of Banks on the 15th, the co-fix for January handling was 0.86%, down 0.04 percentage points (p) from the previous month (December of last year).
Since September of last year, the COPIX has been rising and falling at around 0.9%.
Commercial banks will reflect the level of the January Cofix rate, which was announced on the day, to the new home mortgage loan variable rate from the 16th.
COPIX is a weighted average interest rate of funds raised by eight domestic banks, reflecting changes in interest rates of received products such as deposits and savings accounts and bank bonds actually handled by banks.
If the co-fix falls, it means that the bank can secure money with less interest, and if the co-fix rises, the opposite is the case.
Cofix, based on the balance, also decreased by 0.04 percentage points from 1.17% in December last year to 1.13% in January.
Co-fix based on the amount of new treatment and balance reflects the interest rates of the receiving products of term deposit, periodic deposit, mutual installment, housing installment, transferable deposit certificate, sale of bonds subject to redemption, sale of cover notes, and financial bonds (excluding subordinated bonds and convertible bonds).
The’new balance-based cofix’, which was newly introduced from June 2019, was 0.90%, down 0.03 percentage points from January (0.93%).
In addition, the new balance-based co-fix includes interest rates such as other deposits, other borrowings and settlement funds.
/yunhap news
Ⓒ Hankyung.com prohibits unauthorized reproduction and redistribution