Secured Overnight Financing Rate (I:SOFR)
Basic Info
|
Secured Overnight Financing Rate is at 4.39%, compared to 4.41% the previous market day and 5.32% last year. This is higher than the long term average of 2.44%. |
|
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 | 4.39% |
| Latest Period | May 01 2025 |
| Last Updated | May 2 2025, 08:02 EDT |
| Next Release | May 5 2025, 08:00 EDT |
| Long Term Average | 2.44% |
| Average Growth Rate | 338.5% |
| Value from The Previous Market Day | 4.41% |
| Change from The Previous Market Day | -0.45% |
| Value from 1 Year Ago | 5.32% |
| Change from 1 Year Ago | -17.48% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| May 01, 2025 | 4.39% |
| April 30, 2025 | 4.41% |
| April 29, 2025 | 4.36% |
| April 28, 2025 | 4.36% |
| April 25, 2025 | 4.33% |
| April 24, 2025 | 4.29% |
| April 23, 2025 | 4.28% |
| April 22, 2025 | 4.30% |
| April 21, 2025 | 4.32% |
| April 17, 2025 | 4.32% |
| April 16, 2025 | 4.31% |
| April 15, 2025 | 4.36% |
| April 14, 2025 | 4.33% |
| April 11, 2025 | 4.33% |
| April 10, 2025 | 4.37% |
| April 09, 2025 | 4.42% |
| April 08, 2025 | 4.40% |
| April 07, 2025 | 4.33% |
| April 04, 2025 | 4.35% |
| April 03, 2025 | 4.39% |
| April 02, 2025 | 4.37% |
| April 01, 2025 | 4.39% |
| March 31, 2025 | 4.41% |
| March 28, 2025 | 4.34% |
| March 27, 2025 | 4.36% |
| Date | Value |
|---|---|
| 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% |
| February 20, 2025 | 4.33% |
News
Basic Info
|
Secured Overnight Financing Rate is at 4.39%, compared to 4.41% the previous market day and 5.32% last year. This is higher than the long term average of 2.44%. |
|
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 | 4.39% |
| Latest Period | May 01 2025 |
| Last Updated | May 2 2025, 08:02 EDT |
| Next Release | May 5 2025, 08:00 EDT |
| Long Term Average | 2.44% |
| Average Growth Rate | 338.5% |
| Value from The Previous Market Day | 4.41% |
| Change from The Previous Market Day | -0.45% |
| Value from 1 Year Ago | 5.32% |
| Change from 1 Year Ago | -17.48% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Related Indicators
| LIBOR Replacements |