30-Day Average SOFR (Secured Overnight Financing Rate) Chart – Updated Daily

The above chart is the statistics for the 30-day Average Secured Overnight Financing Rate (SOFR), which is updated daily. The 30-day Average SOFR represents a compounded average of the SOFR over a rolling 30-day period, essential for gauging short-term interest rate trends.

The Secured Overnight Financing Rate (SOFR) serves as a benchmark interest rate, indicating the cost of borrowing cash overnight collateralized by Treasury securities. For example, lending $1000 overnight at a SOFR of 0.5% would result in receiving $1005 the next day. By calculating a daily SOFR average, such as a 30-day average, stakeholders can assess interest rate trends over time. This analysis is vital for various financial activities, including loan pricing and the valuation of derivatives.