Secured Overnight Financing Rate (I:SOFR)
Level Chart
Basic Info
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Secured Overnight Financing Rate is at 3.62%, compared to 3.63% the previous market day and 4.33% last year. This is higher than the long term average of 2.65%. |
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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. |
| Report | Secured Overnight Financing Rate Data |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve Bank of New York |
Stats
| Last Value | 3.62% |
| Latest Period | May 28 2026 |
| Last Updated | May 29 2026, 08:01 EDT |
| Next Release | Jun 1 2026, 08:00 EDT |
| Long Term Average | 2.65% |
| Average Growth Rate | 291.9% |
| Value from The Previous Market Day | 3.63% |
| Change from The Previous Market Day | -0.28% |
| Value from 1 Year Ago | 4.33% |
| Change from 1 Year Ago | -16.40% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File |
Historical Data
| Date | Value |
|---|---|
| May 28, 2026 | 3.62% |
| May 27, 2026 | 3.63% |
| May 26, 2026 | 3.63% |
| May 22, 2026 | 3.55% |
| May 21, 2026 | 3.51% |
| May 20, 2026 | 3.50% |
| May 19, 2026 | 3.51% |
| May 18, 2026 | 3.53% |
| May 15, 2026 | 3.55% |
| May 14, 2026 | 3.56% |
| May 13, 2026 | 3.59% |
| May 12, 2026 | 3.60% |
| May 11, 2026 | 3.60% |
| May 08, 2026 | 3.60% |
| May 07, 2026 | 3.60% |
| May 06, 2026 | 3.61% |
| May 05, 2026 | 3.62% |
| May 04, 2026 | 3.63% |
| May 01, 2026 | 3.64% |
| April 30, 2026 | 3.66% |
| April 29, 2026 | 3.63% |
| April 28, 2026 | 3.64% |
| April 27, 2026 | 3.66% |
| April 24, 2026 | 3.66% |
| April 23, 2026 | 3.65% |
| Date | Value |
|---|---|
| April 22, 2026 | 3.64% |
| April 21, 2026 | 3.63% |
| April 20, 2026 | 3.63% |
| April 17, 2026 | 3.65% |
| April 16, 2026 | 3.67% |
| April 15, 2026 | 3.72% |
| April 14, 2026 | 3.66% |
| April 13, 2026 | 3.63% |
| April 10, 2026 | 3.61% |
| April 09, 2026 | 3.57% |
| April 08, 2026 | 3.59% |
| April 07, 2026 | 3.62% |
| April 06, 2026 | 3.65% |
| April 02, 2026 | 3.66% |
| April 01, 2026 | 3.65% |
| March 31, 2026 | 3.68% |
| March 30, 2026 | 3.63% |
| March 27, 2026 | 3.63% |
| March 26, 2026 | 3.65% |
| March 25, 2026 | 3.64% |
| March 24, 2026 | 3.63% |
| March 23, 2026 | 3.62% |
| March 20, 2026 | 3.62% |
| March 19, 2026 | 3.62% |
| March 18, 2026 | 3.62% |
News
Basic Info
|
Secured Overnight Financing Rate is at 3.62%, compared to 3.63% the previous market day and 4.33% last year. This is higher than the long term average of 2.65%. |
|
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. |
| Report | Secured Overnight Financing Rate Data |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve Bank of New York |
Stats
| Last Value | 3.62% |
| Latest Period | May 28 2026 |
| Last Updated | May 29 2026, 08:01 EDT |
| Next Release | Jun 1 2026, 08:00 EDT |
| Long Term Average | 2.65% |
| Average Growth Rate | 291.9% |
| Value from The Previous Market Day | 3.63% |
| Change from The Previous Market Day | -0.28% |
| Value from 1 Year Ago | 4.33% |
| Change from 1 Year Ago | -16.40% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File |
Related Indicators
| LIBOR Replacements |