Cost of Funds Index (CoFI) of the Non Bank Financial Institutions.
| Particulars | Apr, 2025 | May, 2025 | Jun, 2025 | Jul, 2025 | Aug, 2025 | Sep, 2025 | Oct, 2025 | Nov, 2025 | Dec, 2025 | Jan, 2026 | Feb, 2026 | Mar, 2026 | Apr, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of funds | 8.96 | 9.05 | 9.06 | 9.07 | 8.99 | 9.08 | 8.94 | 8.94 | 8.77 | 8.58 | 8.78 | 8.58 | 8.61 |
| Adjusted Cost of funds | 10.73 | 10.74 | 10.85 | 10.75 | 10.72 | 10.84 | 10.65 | 10.67 | 10.53 | 10.25 | 10.5 | 10.24 | 10.36 |
Cost of Funds is the weighted average interest rate of the interest-bearing liabilities of a non bank financial institution. Cost of Funds Index (CoFI) reflects the weighted average interest rate reported for a given month by the non bank financial institutions.
There are two computation of cost of funds; one is for all the interest-bearing funds and the other is for the interest-bearing funds excluding the low-cost specific purpose scheme funds (adjusted cost of funds).
CoFI serves as the reference rate for pricing the variable interest loan products. In setting the variable interest rate of a new loan, NBFIs will add margin to the industry CoFI or Adjusted CoFI . Bangladesh Bank issued guidelines on the Base Rate System for the NBFIs through DFIM Circular No.-06, dated- 20 August 2013. The guidelines provide more details on the CoFI.