iPath Bloomberg Commodity Index Total Return ETN(DJP),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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DJP iPath Bloomberg Commodity Index Total Return ETN

Pre-Mkt 04-28 04:53:12 EDT

48.93

+0.36

+0.74%

High49.11	Low48.80	Vol23.65K
Open48.80	D1 Closing48.57	Amplitude0.64%
Mkt Cap974.86M	Tradable Cap974.86M	Total Shares19.92M
T/O1.16M	T/O Rate0.12%	Tradable Shares19.92M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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{"stockData":{"symbol":"DJP","market":"US","secType":"STK","nameCN":"iPath Bloomberg Commodity Index Total Return ETN","latestPrice":48.93,"timestamp":1777320000000,"preClose":48.57,"halted":0,"volume":23647,"delay":0,"changeRate":0.007411982705373675,"floatShares":19923535,"shares":19923535,"eps":0,"marketStatus":"Pre-Mkt","change":0.36,"latestTime":"04-28 04:53:12 EDT","open":48.8,"high":49.11,"low":48.8,"amount":1157709.381346,"amplitude":0.006383,"askPrice":49.85,"askSize":200,"bidPrice":40,"bidSize":200,"shortable":3,"etf":1,"ttmEps":0,"tradingStatus":1,"nextMarketStatus":{"tag":"Open","tradingStatus":2,"beginTime":1777383000000},"marketStatusCode":1,"adr":0,"adrRate":0,"exchange":"ARCA","adjPreClose":48.93,"sharesOutstanding":20164535,"nav":48.4958,"aum":966291447.5,"bidAskSpread":0.000873,"postHourTrading":{"tag":"盘后","latestPrice":48.93,"preClose":48.93,"latestTime":"16:10 EDT","volume":10,"amount":489.3,"timestamp":1777320604222,"change":0,"changeRate":0,"amplitude":0},"volumeRatio":0.4015854776106034,"impliedVol":0.3169,"impliedVolPercentile":0.84},"requestUrl":"/m/hq/s/DJP/","defaultTab":"news","newsList":[{"id":"2627285055","title":"Central Java Tax Office Blocks 199 Bank Accounts","url":"https://stock-news.laohu8.com/highlight/detail?id=2627285055","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627285055?lang=en_us&edition=fundamental","pubTime":"2026-04-15 14:38","pubTimestamp":1776235130,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta -The Regional Office of the Directorate General of Taxation  for Central Java II has blocked the bank accounts of 199 taxpayers who owe a combined Rp 109.4 billion in unpaid taxes. This enforcement was executed across 12 Tax Service Offices  throughout the region.\"The freezing of these 199 accounts took place simultaneously on April 7, 2026, involving all 12 Tax Service Offices  under the jurisdiction of the DJP Central Java II,\" said the Head of Kanwil DJP Central Java II, Teguh Budiharto, to reporters in Solo on Tuesday, April 14, 2026.","market":"sg","thumbnail":"https://statik.tempo.co/data/2026/04/15/id_1468879/1468879_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2026/04/15/id_1468879/1468879_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2098347/central-java-tax-office-blocks-199-bank-accounts","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2098347/central-java-tax-office-blocks-199-bank-accounts","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["DJP"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2614863040","title":"Grammarly No Longer Listed as Digital VAT Collector in Indonesia","url":"https://stock-news.laohu8.com/highlight/detail?id=2614863040","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2614863040?lang=en_us&edition=fundamental","pubTime":"2026-02-27 21:48","pubTimestamp":1772200102,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta -Indonesia's Directorate General of Taxes (DJP) under the Ministry of Finance has removed American technology company Grammarly from the list of Value Added Tax (VAT) collectors for ","market":"fut","thumbnail":"https://statik.tempo.co/data/2025/09/21/id_1429539/1429539_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2025/09/21/id_1429539/1429539_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2089689/grammarly-no-longer-listed-as-digital-vat-collector-in-indonesia","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2089689/grammarly-no-longer-listed-as-digital-vat-collector-in-indonesia","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["DJP"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2609865396","title":"Indonesia's Finance Ministry to Rotate 50 Tax Officials on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2609865396","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2609865396?lang=en_us&edition=fundamental","pubTime":"2026-02-04 22:55","pubTimestamp":1770216930,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta -Indonesian Finance Minister Purbaya Yudhi Sadewa is set to overhaul the job structure at the Directorate General of Taxes (DJP) on Friday, with 50 tax officials scheduled for rotati","market":"us","thumbnail":"https://statik.tempo.co/data/2026/01/14/id_1453267/1453267_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2026/01/14/id_1453267/1453267_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2085115/indonesias-finance-ministry-to-rotate-50-tax-officials-on-friday","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2085115/indonesias-finance-ministry-to-rotate-50-tax-officials-on-friday","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["DJP"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2606324091","title":"Coretax Bandwidth Expanded Ahead Tax Return Filing Surge","url":"https://stock-news.laohu8.com/highlight/detail?id=2606324091","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2606324091?lang=en_us&edition=fundamental","pubTime":"2026-01-26 23:24","pubTimestamp":1769441074,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta- Indonesia'sMinister of Finance Purbaya Yudhi Sadewa plans to expand the bandwidth of the Coretax system to anticipate a surge in the annual tax return  filings. The peak of the SPT filings typically occur from February to April.\"To anticipate congestion or overcrowding of users logging into Coretax,\" said Purbaya to journalists at the Ministry of Finance office, Jakarta, on Monday, January 26, 2026.The measure is necessary, Purbaya said, to ensure smooth taxpayer access to Coretax, especially when user volume skyrockets, which has often faced technical disruptions in the past.","market":"fut","thumbnail":"https://statik.tempo.co/data/2026/01/22/id_1454720/1454720_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2026/01/22/id_1454720/1454720_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2083088/coretax-bandwidth-expanded-ahead-tax-return-filing-surge","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2083088/coretax-bandwidth-expanded-ahead-tax-return-filing-surge","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["BK7033","SPT.AU","SPT","BK4023","BK7158","BK7503","DJP","BK7500"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2603285966","title":"Purbaya Visits Danantara to Address Coretax Issues","url":"https://stock-news.laohu8.com/highlight/detail?id=2603285966","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2603285966?lang=en_us&edition=fundamental","pubTime":"2026-01-16 16:45","pubTimestamp":1768553152,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta-Finance Minister Purbaya Yudhi Sadewa visited the Investment Management Agency Danantara to follow up on Coretax system complaints. He shared details of this visit through his official TikTok account, @purbayayudhis, on Thursday, January 15, 2026.In the video, Purbaya stated that the visit followed complaints from Danantara management. Specifically, Chief Investment Officer  Pandu Sjahrir reported several obstacles while using the Coretax system.\"This afternoon, I came to the Danantara office. I received complaints from Pak Pandu about some issues in the Coretax system,\" said Purbaya.","market":"hk","thumbnail":"https://statik.tempo.co/data/2026/01/14/id_1453223/1453223_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2026/01/14/id_1453223/1453223_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2080910/purbaya-visits-danantara-to-address-coretax-issues","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2080910/purbaya-visits-danantara-to-address-coretax-issues","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["BK4223","DJP","BK4194","CIO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2603863364","title":"Tax DG Responds to KPK Raid Over Bribery","url":"https://stock-news.laohu8.com/highlight/detail?id=2603863364","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2603863364?lang=en_us&edition=fundamental","pubTime":"2026-01-13 20:51","pubTimestamp":1768308702,"startTime":"0","endTime":"0","summary":"\"In relation to the search activities by KPK investigators at the DJP, we are cooperative and ready to provide full support as required by the provisions,\" Rosmauli said in an official statement on Tuesday.","market":"sh","thumbnail":"https://statik.tempo.co/data/2026/01/13/id_1453016/1453016_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2026/01/13/id_1453016/1453016_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2080217/tax-dg-responds-to-kpk-raid-over-bribery","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2080217/tax-dg-responds-to-kpk-raid-over-bribery","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["PBB","LU1989763427.SGD","AGS","LU1430594728.SGD","BK7115","LU1585245621.USD","BK7104","BK4155","AGS.AU","LU0208291251.USD","BK4588","BK4504","LU0320765489.SGD","ASB","LU1989763690.USD","ASB.AU","BK4150","BK4211","DG","BK4114","BK4585","LU0070302665.USD","DJP"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2602555038","title":"Authority Supports Revoking Tax Consultant Practice Licenses in North Jakarta","url":"https://stock-news.laohu8.com/highlight/detail?id=2602555038","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2602555038?lang=en_us&edition=fundamental","pubTime":"2026-01-11 18:33","pubTimestamp":1768127611,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta -The Directorate General of Taxation  of Indonesia's Ministry of Finance supports the revocation of the practice license of a tax consultant who was involved in a bribery case and tax reduction. The tax consultant with the initials ABD, along with four other individuals, was designated as a gratification suspect that involved the North Jakarta Tax Service Office .The Director of Education, Services, and Public Relations of the DJP, Rosmauli, stated thatthree tax officials who were named as suspects have been temporarily dismissed by the DJP.Meanwhile, the Directorate General of Taxation supports the revocation of ABD's license as well.","market":"nz","thumbnail":"https://statik.tempo.co/data/2026/01/11/id_1452663/1452663_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2026/01/11/id_1452663/1452663_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2079659/authority-supports-revoking-tax-consultant-practice-licenses-in-north-jakarta","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2079659/authority-supports-revoking-tax-consultant-practice-licenses-in-north-jakarta","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["DJP","JF","BK4166","PT"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2600106322","title":"Over 11.19 Million Indonesian Taxpayers Activate Coretax Accounts","url":"https://stock-news.laohu8.com/highlight/detail?id=2600106322","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2600106322?lang=en_us&edition=fundamental","pubTime":"2026-01-02 17:36","pubTimestamp":1767346587,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta – Indonesia’s Directorate General of Taxes (DJP) at the Ministry of Finance reported that as of January 2, 2026, more than 11.19 million taxpayers had activated their Coretax account","market":"hk","thumbnail":"https://statik.tempo.co/data/2025/01/17/id_1370178/1370178_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2025/01/17/id_1370178/1370178_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2077682/over-11-19-million-indonesian-taxpayers-activate-coretax-accounts","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2077682/over-11-19-million-indonesian-taxpayers-activate-coretax-accounts","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["PMSE","DJP"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2600470354","title":"Coretax Activation Guide: 4 Things Taxpayers Must Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2600470354","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2600470354?lang=en_us&edition=fundamental","pubTime":"2026-01-01 00:01","pubTimestamp":1767196860,"startTime":"0","endTime":"0","summary":"TEMPO.CO,Jakarta - The number of taxpayers activating Coretax accounts continues to rise. The Directorate General of Taxes  at the Finance Ministry reported that as of December 30, 2025, there were 10.22 million active accounts. This figure is an increase from 9.87 million on the previous day.DJP Director of Education, Services, and Public Relations, Rosmauli, stated that out of the 10.22 million accounts, 9,332,720 belong to individuals. Additionally, there are 805,607 corporate taxpayers, 88,208 government agencies, and 221 Trading Through Electronic Systems  entities.Rosmauli highlighted four points for taxpayers to consider as visits to tax offices increase for account activation and the issuance of Authorization Codes or Electronic Certificates . The following are the four directives from the DJP regarding the procedures and deadlines for these processes.","market":"nz","thumbnail":"https://statik.tempo.co/data/2025/01/17/id_1370178/1370178_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2025/01/17/id_1370178/1370178_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2077345/coretax-activation-guide-4-things-taxpayers-must-know","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2077345/coretax-activation-guide-4-things-taxpayers-must-know","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["BK7033","BK7503","BK7158","SPT.AU","BK7500","DJP","SPT","PMSE","BK4023"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2588029310","title":"Indonesia Logs Rp43.7 Trillion in Tax Revenue from Digital Economy Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=2588029310","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2588029310?lang=en_us&edition=fundamental","pubTime":"2025-12-04 11:57","pubTimestamp":1764820655,"startTime":"0","endTime":"0","summary":"TEMPO.COM, Jakarta - The Directorate General of Taxes  of the Ministry of Finance recorded Rp43.75 trillion in digital economy tax revenues as of October 31, 2025. The digital tax comes from e-commerce's value-added tax , crypto tax, tax from fintech peer-to-peer lending, and tax from procurement of goods and services through the government procurement information system .The Director of Outreach, Service, and Public Relations of DJP, Rosmauli, said the government strives to make a fair, simple, and effective system for the digital economy tax. \"The Rp43.75 trillion realization confirms that the digital economy has become an important driver of state revenue,\" said Rosmauli in an official statement on Wednesday, December 3, 2025.E-commerce tax revenue thus far has reached Rp33.88 trillion. The amount consists of Rp731.4 billion in 2020, Rp3.9 trillion in 2021, Rp5.51 trillion in 2022, Rp6.76 trillion in 2023, Rp8.44 trillion in 2024, and Rp8.54 trillion until 2025.","market":"hk","thumbnail":"https://statik.tempo.co/data/2025/07/14/id_1413038/1413038_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2025/07/14/id_1413038/1413038_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2070836/indonesia-logs-rp43-7-trillion-in-tax-revenue-from-digital-economy-sector","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2070836/indonesia-logs-rp43-7-trillion-in-tax-revenue-from-digital-economy-sector","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["DJP"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2581020040","title":"Indonesian Police to Probe Violations in Thousands of Tons of CPO Exports","url":"https://stock-news.laohu8.com/highlight/detail?id=2581020040","media":"Tempo","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581020040?lang=en_us&edition=fundamental","pubTime":"2025-11-06 21:22","pubTimestamp":1762435376,"startTime":"0","endTime":"0","summary":"TEMPO.CO, Jakarta -The Directorate General of Customs and Excise, along with the Special Task Force for the Optimization of State Revenue  of the Indonesian National Police, has thwarted the export of 87 containers containing derivative products of crude palm oil  to China. A total of 1,802.71 tons of products were worth Rp28.79 billion, owned by PT MMS, are suspected to contain materials that do not comply with the information registered with the Customs authorities. Allegations of customs violations arose due to indications of manipulation of the type of export goods.Police Chief General Listyo Sigit Prabowo stated that they are open to further investigating the case. The alleged export violation is currently still being handled by Customs investigators. \"We will conduct a thorough investigation. If necessary for law enforcement, the police will take appropriate steps,\" said Sigit in Tanjung Priok, North Jakarta, on Thursday, November 6, 2025.","market":"nz","thumbnail":"https://statik.tempo.co/data/2025/11/06/id_1439566/1439566_720.jpg","type":0,"news_type":0,"thumbnails":["https://statik.tempo.co/data/2025/11/06/id_1439566/1439566_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2063594/indonesian-police-to-probe-violations-in-thousands-of-tons-of-cpo-exports","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://en.tempo.co/read/2063594/indonesian-police-to-probe-violations-in-thousands-of-tons-of-cpo-exports","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tempo_highlight","symbols":["CPO.AU","BK7110","DJP"],"isVideo":false,"video":null,"gpt_icon":0}],"profile":{"websiteUrl":"http://www.ipathetn.com/US/16/en/details.app?instrumentId=1193","stockEarnings":[{"period":"1week","weight":0.0378},{"period":"1month","weight":0.0251},{"period":"3month","weight":0.1456},{"period":"6month","weight":0.3562},{"period":"1year","weight":0.4381},{"period":"ytd","weight":0.301}],"compareEarnings":[{"period":"1week","weight":0.0091},{"period":"1month","weight":0.1279},{"period":"3month","weight":0.0283},{"period":"6month","weight":0.0404},{"period":"1year","weight":0.2988},{"period":"ytd","weight":0.0488}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"The Dow Jones-UBS Commodity Index Total ReturnService Mark (the \"index\") reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. 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Introduction