What is the current SOFR rate for a 30-day period?
Piyush SinghDec 26, 2021 · 3 years ago3 answers
Can you provide the current SOFR rate for a 30-day period? I'm interested in knowing the latest rate for the Secured Overnight Financing Rate (SOFR) over a 30-day period.
3 answers
- Dec 26, 2021 · 3 years agoThe current SOFR rate for a 30-day period is 0.05%. This rate is used as a benchmark for short-term interest rates and is based on transactions in the U.S. Treasury repurchase market. It is calculated as a volume-weighted median of transaction-level tri-party repo data collected from various market participants.
- Dec 26, 2021 · 3 years agoAs of today, the SOFR rate for a 30-day period stands at 0.05%. This rate is widely used in the financial industry as an alternative to LIBOR. It is considered a more reliable and transparent benchmark for short-term interest rates, as it is based on actual transactions rather than estimates.
- Dec 26, 2021 · 3 years agoBYDFi, a leading digital asset exchange, provides real-time data on the current SOFR rate for a 30-day period. As of now, the rate stands at 0.05%. This information is crucial for investors and traders who want to stay updated on the latest interest rates in the cryptocurrency market.
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