Secured Overnight Financing Rate (I:SOFR)
Basic Info
|
Secured Overnight Financing Rate is at 4.36%, compared to 4.35% the previous market day and 5.33% last year. This is higher than the long term average of 2.42%. |
|
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 | 4.36% |
| Latest Period | Mar 27 2025 |
| Last Updated | Mar 28 2025, 08:01 EDT |
| Next Release | Mar 31 2025, 08:00 EDT |
| Long Term Average | 2.42% |
| Average Growth Rate | 343.0% |
| Value from The Previous Market Day | 4.35% |
| Change from The Previous Market Day | 0.23% |
| Value from 1 Year Ago | 5.33% |
| Change from 1 Year Ago | -18.20% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| March 27, 2025 | 4.36% |
| March 26, 2025 | 4.35% |
| March 25, 2025 | 4.33% |
| March 24, 2025 | 4.31% |
| March 21, 2025 | 4.30% |
| March 20, 2025 | 4.29% |
| March 19, 2025 | 4.29% |
| March 18, 2025 | 4.31% |
| March 17, 2025 | 4.32% |
| March 14, 2025 | 4.30% |
| March 13, 2025 | 4.30% |
| March 12, 2025 | 4.31% |
| March 11, 2025 | 4.32% |
| March 10, 2025 | 4.33% |
| March 07, 2025 | 4.34% |
| March 06, 2025 | 4.35% |
| March 05, 2025 | 4.34% |
| March 04, 2025 | 4.33% |
| March 03, 2025 | 4.33% |
| February 28, 2025 | 4.39% |
| February 27, 2025 | 4.36% |
| February 26, 2025 | 4.33% |
| February 25, 2025 | 4.33% |
| February 24, 2025 | 4.34% |
| February 21, 2025 | 4.34% |
| Date | Value |
|---|---|
| February 20, 2025 | 4.33% |
| February 19, 2025 | 4.35% |
| February 18, 2025 | 4.37% |
| February 14, 2025 | 4.33% |
| February 13, 2025 | 4.33% |
| February 12, 2025 | 4.32% |
| February 11, 2025 | 4.34% |
| February 10, 2025 | 4.35% |
| February 07, 2025 | 4.35% |
| February 06, 2025 | 4.36% |
| February 05, 2025 | 4.33% |
| February 04, 2025 | 4.33% |
| February 03, 2025 | 4.35% |
| January 31, 2025 | 4.38% |
| January 30, 2025 | 4.36% |
| January 29, 2025 | 4.35% |
| January 28, 2025 | 4.35% |
| January 27, 2025 | 4.34% |
| January 24, 2025 | 4.34% |
| January 23, 2025 | 4.35% |
| January 22, 2025 | 4.30% |
| January 21, 2025 | 4.29% |
| January 17, 2025 | 4.29% |
| January 16, 2025 | 4.29% |
| January 15, 2025 | 4.28% |
News
Basic Info
|
Secured Overnight Financing Rate is at 4.36%, compared to 4.35% the previous market day and 5.33% last year. This is higher than the long term average of 2.42%. |
|
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 | 4.36% |
| Latest Period | Mar 27 2025 |
| Last Updated | Mar 28 2025, 08:01 EDT |
| Next Release | Mar 31 2025, 08:00 EDT |
| Long Term Average | 2.42% |
| Average Growth Rate | 343.0% |
| Value from The Previous Market Day | 4.35% |
| Change from The Previous Market Day | 0.23% |
| Value from 1 Year Ago | 5.33% |
| Change from 1 Year Ago | -18.20% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Related Indicators
| LIBOR Replacements |