Overview
Discussions Key data points
Last release
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Observation period
Dec 20, 2024
Next release
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Forecast
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Highest
5.40 % on Jul 1, 2024
Lowest
0.00 % on Sep 30, 2014
About United States Secured Overnight Financing Rate
The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. The SOFR is calculated as a volume-weighted median of transaction-level tri-party repo data collected from the Bank of New York Mellon as well as GCF Repo transaction data and data on bilateral Treasury repo transactions cleared through FICC's DVP service, which are obtained from DTCC Solutions LLC, an affiliate of the Depository Trust & Clearing Corporation.