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Term SOFR

A period-specific SOFR (secured overnight financing rate) forward-looking term rate, that is published for periods of 1, 3, 6 or...

SOFR Swap

A swap that entails payment of a fixed-rate on an annual, Act/360 basis by one counterparty against payment (by the...

Secured Overnight Financing Rate

A broad reference rate (known for short as SOFR) that measures the cost of borrowing money overnight collateralized by Treasury...

SOFR

It stands for secured overnight financing rate; a broad reference rate that measures the cost of borrowing money overnight collateralized...

Repo Reference Rate

An interest rate that is used as a reference rate for repo transactions (repurchase agreements). An example is the reference...