Secured Overnight Financing Rate (SOFR)

-17.6% YoY · as of Jul 1, 2026 · Federal Reserve Bank of New York — Reference Rates

The broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.

0.005K10K15K2020202120222023202420252026

2019–2026 · 1,840 observationssource: Federal Reserve Bank of New York — Reference Rates · vintage 2026-07-03

Methodology

Published by the Federal Reserve Bank of New York in cooperation with the Office of Financial Research, as a volume-weighted median of tri-party repo, GCF repo, and bilateral cleared repo transactions. Ingested from the NY Fed Markets API.

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