What does SOFR mean?
A benchmark interest rate that banks use to price U.S. dollar-denominated derivatives and loans, which is based on the cost of borrowing cash overnight collateralized by Treasury securities.
SOFR is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.
SOFR in German, French, Spanish and Italian
GermanSOFR
also Secured Overnight Financing Rate
Der neue Standard für US-Dollar-basierte Kredite nach dem LIBOR-Aus.
FrenchSOFR
also Secured Overnight Financing Rate
Taux basé sur les transactions réelles sur le marché du financement au jour le jour.
SpanishSOFR
also Tasa de financiación garantizada a un día
Tasa de referencia garantizada basada en el mercado de repos del Tesoro de EE. UU.
ItalianSOFR
also Secured Overnight Financing Rate
Tasso di riferimento basato sul costo della raccolta di fondi a brevissimo termine.
Common phrases with SOFR
- adopt SOFR
- transition to SOFR
- benchmark SOFR