BIBLIOGRAPHY
Secured Overnight Financing Rate Data
Federal Reserve Bank of New York (Reference Rates)

Claims Supported by This Source
- SOFR = A broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.
- Calculated as a volume-weighted median of transactions from tri-party repo, GCF Repo, and bilateral repo cleared through FICC's DVP service (excluding a portion of "specials").
- Published by the Federal Reserve Bank of New York around 8:00 a.m. each business day.
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