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Derivatives Compass

SOFR

Japanese
SOFR
Also known as
Secured Overnight Financing Rate
Last reviewed
September 25, 2026

This is a draft, shown for review before publication.

The SOFR (Secured Overnight Financing Rate) is a US dollar benchmark rate that the Federal Reserve Bank of New York calculates and publishes every business day from the rates on overnight repo transactions collateralized by U.S. Treasury securities. It is a volume-weighted median, published on the business day after the transactions.

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