SOFR interest rate Current and historical SOFR interest rates
This page contains an overview of the current and historical SOFR interest rates (Secured Overnight Financing Rate).
|
Date
|
Rate
|
|---|---|
|
11-19-2024
|
4.57 %
|
|
11-18-2024
|
4.57 %
|
|
11-15-2024
|
4.57 %
|
|
11-14-2024
|
4.58 %
|
|
11-13-2024
|
4.59 %
|
|
11-12-2024
|
4.60 %
|
|
11-08-2024
|
4.60 %
|
|
11-07-2024
|
4.82 %
|
|
11-06-2024
|
4.81 %
|
|
11-05-2024
|
4.82 %
|
|
Date
|
Rate
|
|---|---|
|
11-01-2024
|
4.86 %
|
|
10-01-2024
|
5.05 %
|
|
09-03-2024
|
5.34 %
|
|
08-01-2024
|
5.35 %
|
|
07-01-2024
|
5.40 %
|
|
06-03-2024
|
5.35 %
|
|
05-01-2024
|
5.32 %
|
|
04-01-2024
|
5.35 %
|
|
03-01-2024
|
5.31 %
|
|
02-01-2024
|
5.32 %
|
SOFR Chart
Historical SOFR ratesThe SOFR interest rates are administered and published bij the New York Fed. The rates are subject to the Terms of Use posted at newyorkfed.org. The New York Fed is not responsible for publication of the SOFR rates by Triami Media / Global-rates.com, does not sanction or endorse any particular republication, and has no liability for your use. Use of the data is at your own risk.
What is the SOFR interest rate?
SOFR (Secured Overnight Financing Rate) is an interest rate published by the Federal Reserve Bank of New York. SOFR can be seen as the average interest rate for secured loans issued in American Dollars (USD) with a maturity of 1 day (overnight).
SOFR is a reference rate (benchmark rate), introduced as an alternative to the US Dollar LIBOR rate.
Additionally, the CME (Chicago Mercantile Exchange) has introduced CME Term SOFR rates, which provide a forecast of the SOFR rate for different maturities, such as 1 month, 3 months, 6 months, and 12 months. These rates are used as benchmarks for loans in U.S. Dollars with longer maturities.