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What does SOFR stand for?

This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: SOFR. What does SOFR mean? Secured Overnight Financing Rate (SOFR) is a secured interbank overnight interest rate and reference rate established as an alternative to Libor.

What is the 30 day SOFR?

Please review the copyright information in the series notes before sharing. As an extension of the Secured Overnight Financing Rate (SOFR), the 30-day SOFR Average is the compounded average of the SOFR over a rolling 30-day period.

When is SOFR published?

SOFR uses data from overnight Treasury repo activity to calculate a rate published at approximately 8:00 a.m. New York time on the next business day by the US Federal Reserve Bank of New York.

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