SOFR (Secured Overnight Financing Rate) 3.9 for
SOFR (Secured Overnight Financing Rate) came in at 3.9 (Percent) for Oct 6 2026, up 0.26% from 3.89 the prior day and 6.02% below its level of 4.15 one year ago. The series has averaged 2.69 since 2018, reaching a record high of 5.4 in July 2024 and a record low of 0.01 in June 2021.
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<iframe src="https://marketxls.com/embed/indicators/sofr" width="100%" height="460" frameborder="0" title="SOFR (Secured Overnight Financing Rate) chart"></iframe><p style="font:12px/1.4 sans-serif;margin:4px 0 0"><a href="https://marketxls.com/indicators/sofr" rel="nofollow">SOFR (Secured Overnight Financing Rate) chart - MarketXLS</a></p>Historical Data
⋮ | ⋮ |
|---|---|
| October 6, 2026 | 3.9 |
| October 5, 2026 | 3.89 |
| October 2, 2026 | 3.88 |
| October 1, 2026 | 3.87 |
| September 30, 2026 | 3.9 |
| September 29, 2026 | 3.88 |
| September 28, 2026 | 3.9 |
| September 25, 2026 | 3.9 |
| September 24, 2026 | 3.88 |
| September 23, 2026 | 3.87 |
| September 22, 2026 | 3.87 |
| September 21, 2026 | 3.85 |
| September 18, 2026 | 3.85 |
| September 17, 2026 | 3.85 |
| September 16, 2026 | 3.62 |
| September 15, 2026 | 3.64 |
| September 14, 2026 | 3.62 |
| September 11, 2026 | 3.62 |
| September 10, 2026 | 3.62 |
| September 9, 2026 | 3.64 |
⋮ | ⋮ |
|---|---|
| July 1, 2022 | 1.52 |
| June 30, 2022 | 1.5 |
| June 29, 2022 | 1.51 |
| June 28, 2022 | 1.52 |
| June 27, 2022 | 1.5 |
| June 24, 2022 | 1.46 |
| June 23, 2022 | 1.44 |
| June 22, 2022 | 1.45 |
| June 21, 2022 | 1.45 |
| June 17, 2022 | 1.45 |
| June 16, 2022 | 1.45 |
| June 15, 2022 | 0.7 |
| June 14, 2022 | 0.69 |
| June 13, 2022 | 0.73 |
| June 10, 2022 | 0.75 |
| June 9, 2022 | 0.75 |
| June 8, 2022 | 0.76 |
| June 7, 2022 | 0.77 |
| June 6, 2022 | 0.78 |
| June 3, 2022 | 0.78 |
About SOFR (Secured Overnight Financing Rate)
What it measures
The Secured Overnight Financing Rate (FRED series SOFR) measures the cost of borrowing cash overnight against US Treasury collateral in the repurchase agreement market. The Federal Reserve Bank of New York publishes it each business day as a volume-weighted median of transactions spanning tri-party repo, GCF repo, and cleared bilateral segments, typically covering more than a trillion dollars of daily volume.
Why it matters
SOFR replaced US dollar LIBOR as the reference rate for floating-rate loans, derivatives, and securitizations after LIBOR ceased, so trillions in contracts now reset off it. Because it is transaction-based and secured, it reflects actual funding conditions in the deepest money market. Spikes reveal collateral or reserve scarcity, as in the September 2019 repo disruption.
How to read it
SOFR normally trades within a few basis points of the fed funds rate and inside the Fed target range. Predictable upticks occur at month-, quarter-, and year-ends as dealer balance sheets contract. A sustained drift above the interest rate on reserves suggests funding pressure worth watching. As an overnight secured rate, it contains no credit-risk term premium, unlike the LIBOR it replaced.
Frequently Asked Questions
What is the current SOFR (Secured Overnight Financing Rate)?
SOFR (Secured Overnight Financing Rate) is 3.9 (Percent) as of October 2026.
What is the all-time high and low of SOFR (Secured Overnight Financing Rate)?
The highest value on record is 5.4 (July 2024) and the lowest is 0.01 (June 2021).
How often is SOFR (Secured Overnight Financing Rate) updated?
SOFR (Secured Overnight Financing Rate) is published on a daily basis, sourced from Federal Reserve Economic Data (FRED).
Stats
| Last Value | 3.9 |
| Latest Period | Oct 6 2026 |
| Last Updated | October 7 2026, 07:02 |
| Value Previous Day | 3.89 |
| Change From Previous Day | 0.26% |
| Value 1 Year Ago | 4.15 |
| Change From Year Ago | -6.02% |
| Average Growth Rate | 9.30%/yr |
| Record High (Jul 2024) | 5.4 |
| Record Low (Jun 2021) | 0.01 |
| Long-Term Average | 2.69 |
| Frequency | Daily |
| Adjustment | Not Seasonally Adjusted |
| Unit | Percent |
Annual Averages
| 2026 | 3.65 |
| 2025 | 4.24 |
| 2024 | 5.15 |
| 2023 | 5.01 |
| 2022 | 1.64 |
| 2021 | 0.04 |
| 2020 | 0.36 |
| 2019 | 2.2 |
| 2018 | 1.98 |
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