Secured Overnight Financing Rate (I:SOFR)
Level Chart
Basic Info
|
Secured Overnight Financing Rate is at 4.56%, compared to 4.57% the previous market day and 5.31% last year. This is higher than the long term average of 2.31%. |
|
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 | 4.56% |
| Latest Period | Nov 20 2024 |
| Last Updated | Nov 21 2024, 08:03 EST |
| Next Release | Nov 22 2024, 08:00 EST |
| Long Term Average | 2.31% |
| Average Growth Rate | 361.4% |
| Value from The Previous Market Day | 4.57% |
| Change from The Previous Market Day | -0.22% |
| Value from 1 Year Ago | 5.31% |
| Change from 1 Year Ago | -14.12% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| November 20, 2024 | 4.56% |
| November 19, 2024 | 4.57% |
| November 18, 2024 | 4.57% |
| November 15, 2024 | 4.57% |
| November 14, 2024 | 4.58% |
| November 13, 2024 | 4.59% |
| November 12, 2024 | 4.60% |
| November 08, 2024 | 4.60% |
| November 07, 2024 | 4.82% |
| November 06, 2024 | 4.81% |
| November 05, 2024 | 4.82% |
| November 04, 2024 | 4.82% |
| November 01, 2024 | 4.86% |
| October 31, 2024 | 4.90% |
| October 30, 2024 | 4.81% |
| October 29, 2024 | 4.82% |
| October 28, 2024 | 4.82% |
| October 25, 2024 | 4.83% |
| October 24, 2024 | 4.83% |
| October 23, 2024 | 4.83% |
| October 22, 2024 | 4.83% |
| October 21, 2024 | 4.82% |
| October 18, 2024 | 4.84% |
| October 17, 2024 | 4.85% |
| October 16, 2024 | 4.86% |
| Date | Value |
|---|---|
| October 15, 2024 | 4.86% |
| October 11, 2024 | 4.81% |
| October 10, 2024 | 4.82% |
| October 09, 2024 | 4.83% |
| October 08, 2024 | 4.84% |
| October 07, 2024 | 4.83% |
| October 04, 2024 | 4.83% |
| October 03, 2024 | 4.85% |
| October 02, 2024 | 4.92% |
| October 01, 2024 | 5.05% |
| September 30, 2024 | 4.96% |
| September 27, 2024 | 4.84% |
| September 26, 2024 | 4.83% |
| September 25, 2024 | 4.84% |
| September 24, 2024 | 4.84% |
| September 23, 2024 | 4.83% |
| September 20, 2024 | 4.83% |
| September 19, 2024 | 4.82% |
| September 18, 2024 | 5.33% |
| September 17, 2024 | 5.38% |
| September 16, 2024 | 5.38% |
| September 13, 2024 | 5.33% |
| September 12, 2024 | 5.33% |
| September 11, 2024 | 5.32% |
| September 10, 2024 | 5.33% |
News
Basic Info
|
Secured Overnight Financing Rate is at 4.56%, compared to 4.57% the previous market day and 5.31% last year. This is higher than the long term average of 2.31%. |
|
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 | 4.56% |
| Latest Period | Nov 20 2024 |
| Last Updated | Nov 21 2024, 08:03 EST |
| Next Release | Nov 22 2024, 08:00 EST |
| Long Term Average | 2.31% |
| Average Growth Rate | 361.4% |
| Value from The Previous Market Day | 4.57% |
| Change from The Previous Market Day | -0.22% |
| Value from 1 Year Ago | 5.31% |
| Change from 1 Year Ago | -14.12% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Related Indicators
| LIBOR Replacements |