Definitions for "Treasury Index"
An index based on the results of auctions that the U. S. Treasury holds for its Treasury billsand securities or on the U. S. Treasury's daily yield curve. It is often used as an index upon which changes in rate for some adjustable-rate mortgage (ARM) plans are based.
The Treasury Index is the weekly average yield on U.S. Treasury securities adjusted to a constant maturity of one, three or five years, as made available by the Federal Reserve Board.
The weekly average yield on U.S. Treasury securities adjusted to a constant maturity of one, three, or five years, as made available by the Federal Reserve Board. Commonly used index for ARM mortgages.
Keywords:  note
Treasury Note