Secured Overnight Financing Rate
Level Chart
Basic Info
|
The Secured Overnight Financing Rate or SOFR is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. The SOFR is calculated directly from transaction data in the US Treasury repurchase market. The rate is published by the New York Federal Reserve to serve as a rate upon which other debt transactions can be benchmarked. It was conceived after LIBOR, a previously used benchmark rate, suffered a price manipulation scandal in no small part due to its survey based data collection method. Secured Overnight Financing Rate is at 4.56%, compared to 4.31% the previous market day and 0.05% last year. This is higher than the long term average of 1.26%. |
| Report | Secured Overnight Financing Rate Data |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve Bank of New York |
Stats
| Last Value | 4.56% |
| Latest Period | Feb 02 2023 |
| Last Updated | Feb 3 2023, 08:00 EST |
| Next Release | Feb 6 2023, 08:00 EST |
| Long Term Average | 1.26% |
| Average Growth Rate | 495.8% |
| Value from The Previous Market Day | 4.31% |
| Change from The Previous Market Day | 5.80% |
| Value from 1 Year Ago | 0.05% |
| Change from 1 Year Ago | 9.02K% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Download |
Historical Data
| Date | Value |
|---|---|
| February 02, 2023 | 4.56% |
| February 01, 2023 | 4.31% |
| January 31, 2023 | 4.31% |
| January 30, 2023 | 4.30% |
| January 27, 2023 | 4.30% |
| January 26, 2023 | 4.30% |
| January 25, 2023 | 4.31% |
| January 24, 2023 | 4.30% |
| January 23, 2023 | 4.30% |
| January 20, 2023 | 4.30% |
| January 19, 2023 | 4.31% |
| January 18, 2023 | 4.30% |
| January 17, 2023 | 4.31% |
| January 13, 2023 | 4.30% |
| January 12, 2023 | 4.30% |
| January 11, 2023 | 4.30% |
| January 10, 2023 | 4.31% |
| January 09, 2023 | 4.31% |
| January 06, 2023 | 4.31% |
| January 05, 2023 | 4.31% |
| January 04, 2023 | 4.30% |
| January 03, 2023 | 4.31% |
| December 30, 2022 | 4.30% |
| December 29, 2022 | 4.30% |
| December 28, 2022 | 4.30% |
| Date | Value |
|---|---|
| December 27, 2022 | 4.30% |
| December 23, 2022 | 4.30% |
| December 22, 2022 | 4.30% |
| December 21, 2022 | 4.30% |
| December 20, 2022 | 4.30% |
| December 19, 2022 | 4.30% |
| December 16, 2022 | 4.32% |
| December 15, 2022 | 4.32% |
| December 14, 2022 | 3.80% |
| December 13, 2022 | 3.80% |
| December 12, 2022 | 3.80% |
| December 09, 2022 | 3.80% |
| December 08, 2022 | 3.80% |
| December 07, 2022 | 3.80% |
| December 06, 2022 | 3.80% |
| December 05, 2022 | 3.81% |
| December 02, 2022 | 3.81% |
| December 01, 2022 | 3.82% |
| November 30, 2022 | 3.82% |
| November 29, 2022 | 3.81% |
| November 28, 2022 | 3.80% |
| November 25, 2022 | 3.80% |
| November 23, 2022 | 3.79% |
| November 22, 2022 | 3.80% |
| November 21, 2022 | 3.80% |
Basic Info
|
The Secured Overnight Financing Rate or SOFR is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. The SOFR is calculated directly from transaction data in the US Treasury repurchase market. The rate is published by the New York Federal Reserve to serve as a rate upon which other debt transactions can be benchmarked. It was conceived after LIBOR, a previously used benchmark rate, suffered a price manipulation scandal in no small part due to its survey based data collection method. Secured Overnight Financing Rate is at 4.56%, compared to 4.31% the previous market day and 0.05% last year. This is higher than the long term average of 1.26%. |
| Report | Secured Overnight Financing Rate Data |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve Bank of New York |
Stats
| Last Value | 4.56% |
| Latest Period | Feb 02 2023 |
| Last Updated | Feb 3 2023, 08:00 EST |
| Next Release | Feb 6 2023, 08:00 EST |
| Long Term Average | 1.26% |
| Average Growth Rate | 495.8% |
| Value from The Previous Market Day | 4.31% |
| Change from The Previous Market Day | 5.80% |
| Value from 1 Year Ago | 0.05% |
| Change from 1 Year Ago | 9.02K% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Download |
Related Indicators
| LIBOR Replacements |