Appendix D to Part 356 - Description of the Indexes
31:2.1.1.1.53.6.17.1.15 : Appendix D
Appendix D to Part 356 - Description of the Indexes I. Consumer
Price Index
The Consumer Price Index (“CPI”) for purposes of
inflation-protected securities is the non-seasonally adjusted U.S.
City Average All Items Consumer Price Index for All Urban
Consumers. It is published monthly by the Bureau of Labor
Statistics (BLS), a bureau within the Department of Labor. The CPI
is a measure of the average change in consumer prices over time in
a fixed market basket of goods and services. This market basket
includes food, clothing, shelter, fuels, transportation, charges
for doctors' and dentists' services, and drugs.
In calculating the index, price changes for the various items
are averaged together with weights that represent their importance
in the spending of urban households in the United States. The BLS
periodically updates the contents of the market basket of goods and
services, and the weights assigned to the various items, to take
into account changes in consumer expenditure patterns.
The CPI is expressed in relative terms in relation to a time
base reference period for which the level is set at 100. For
example, if the CPI for the 1982-84 reference period is 100.0, an
increase of 16.5 percent from that period would be shown as 116.5.
The CPI for a particular month is released and published during the
following month. From time to time, the CPI is rebased to a more
recent base reference period. We provide the base reference period
for a particular inflation-protected security on the auction
announcement for that security.
Further details about the CPI may be obtained by contacting the
BLS.
II. Floating Rate Note Index
The floating rate note index is the 13-week Treasury bill
auction High Rate (stop out rate), and converted to the
simple-interest money market yield computed on an actual/360
basis.
[69 FR 45202, July 28, 2004, as amended at 78 FR 46444, July 31,
2013]