Secured Overnight Financing Rate
GPTKB entity
Statements (50)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
interest rate
|
| gptkbp:abbreviation |
gptkb:SOFR
|
| gptkbp:administeredBy |
gptkb:Federal_Reserve_Bank_of_New_York
|
| gptkbp:assetClass |
gptkb:U.S._Treasury_securities
|
| gptkbp:basedOn |
repo market
|
| gptkbp:calculationMethod |
volume-weighted median
|
| gptkbp:category |
interest rate benchmark
reference rate financial benchmark money market rate |
| gptkbp:country |
gptkb:United_States
|
| gptkbp:currency |
gptkb:USD
|
| gptkbp:dataSource |
GCF Repo data
bilateral repo data tri-party repo data |
| gptkbp:frequency |
daily
|
| gptkbp:governedBy |
gptkb:Alternative_Reference_Rates_Committee
|
| https://www.w3.org/2000/01/rdf-schema#label |
Secured Overnight Financing Rate
|
| gptkbp:introduced |
2018
|
| gptkbp:isReplacementFor |
gptkb:LIBOR
|
| gptkbp:marketParticipants |
broker-dealers
corporations individual investors banks insurance companies hedge funds municipalities central banks pension funds sovereign wealth funds non-profits asset managers government-sponsored enterprises money market funds other financial institutions foreign official institutions |
| gptkbp:publishedTime |
8:00 a.m. ET
|
| gptkbp:rateType |
overnight
secured |
| gptkbp:replacedBy |
gptkb:USD_LIBOR
|
| gptkbp:riskFactor |
nearly risk-free
|
| gptkbp:usedFor |
benchmark for derivatives
benchmark for floating rate notes benchmark for loans benchmark for mortgages |
| gptkbp:website |
https://www.newyorkfed.org/markets/reference-rates/sofr
|
| gptkbp:bfsParent |
gptkb:Alternative_Reference_Rates_Committee
gptkb:SOFR gptkb:SOFR_futures |
| gptkbp:bfsLayer |
7
|