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Submission: On December 11 via manual from SG — Scanned from SG
Effective URL: https://www.newyorkfed.org/markets/reference-rates/sofr
Submission: On December 11 via manual from SG — Scanned from SG
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Museum & Visits Regional Economy Data & Statistics Careers Blog Press Center Menu * About the New York Fed * About the New York Fed * What We Do * Who We Are * Bank Leadership * Diversity and Inclusion * Communities We Serve * Governance * Board of Directors * Disclosures * Ethics and Conflicts of Interest * Annual Financial Statements * Org Chart * More About Us * News & Events * Advisory Groups * Vendor Information * Holiday Schedule * At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve. Introducing the New York Innovation Center: Delivering a central bank innovation execution Do you have a Freedom of Information request? Learn how to submit it. 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The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality. The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry. -------------------------------------------------------------------------------- * SECURED OVERNIGHT FINANCING RATE DATA The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. The SOFR includes all trades in the Broad General Collateral Rate plus bilateral Treasury repurchase agreement (repo) transactions cleared through the Delivery-versus-Payment (DVP) service offered by the Fixed Income Clearing Corporation (FICC), which is filtered to remove a portion of transactions considered “specials”. Note that specials are repos for specific-issue collateral, which take place at cash-lending rates below those for general collateral repos because cash providers are willing to accept a lesser return on their cash in order to obtain a particular security. 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 the U.S. Department of the Treasury’s Office of Financial Research (OFR). Each business day, the New York Fed publishes the SOFR on the New York Fed website at approximately 8:00 a.m. ET. For more information on the SOFR’s publication schedule and methodology, see Additional Information about Reference Rates Administered by the New York Fed. Resources About the Reference Rates Statements and Operating Policies Additional Information about Reference Rates Administered by the New York Fed Markets Data APIs Terms of Use Use of the Reference Rates are subject to important disclaimers, limitations and indemnification obligations. receive email alerts for this page Loading... SECURED OVERNIGHT FINANCING RATE DATA Loading... r Revised 1 Rate was calculated with reduced volume 2 EFFR, OBFR: Rate was calculated using brokered data TGCR, BGCR, SOFR: Rate was calculated using survey data 3 Because of insufficient current data, the published rate is a republication of the prior day's rate For more information on these footnotes, click here. By continuing to use our site, you agree to our Terms of Use and Privacy Statement. 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