SOFR: Difference between revisions
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3 April 2018 was the first time SOFR was published | 3 April 2018 was the first time SOFR was published. | ||
It is calculated based on actual transactions and is a volume-weighted median. | |||
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==Other | ==Other resources== | ||
*[https://www.bankofengland.co.uk/markets/transition-to-sterling-risk-free-rates-from-libor/working-group-on-sterling-risk-free-reference-rates Working Group of Sterling Risk-Free Reference Rates - latest announcements & publications] | *[https://www.bankofengland.co.uk/markets/transition-to-sterling-risk-free-rates-from-libor/working-group-on-sterling-risk-free-reference-rates Working Group of Sterling Risk-Free Reference Rates - latest announcements & publications] | ||
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*[https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report ARRC: Second Report] | *[https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2018/ARRC-Second-report ARRC: Second Report] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 18:09, 11 March 2024
US interest rate benchmarks.
SOFR is the Secured Overnight Financing Rate.
This is a broad treasuries repo financing rate, recommended as a benchmark by the Alternative Reverence Rates Committee (ARRC) of the Federal Reserve.
It is published by the New York Fed at approximately 8am local time.
3 April 2018 was the first time SOFR was published.
It is calculated based on actual transactions and is a volume-weighted median.
SOFR is the benchmark risk-free USD rate that superseded USD LIBOR.
See also
- Alternative Reference Rates Committee (ARRC)
- Federal Funds Rate
- Federal Reserve
- IBOR
- LIBOR
- New York Fed
- Reference rate
- Risk-free rates
- Repo
- SOFR term rate
- SONIA
- Treasury
- USD LIBOR
