MONEY MARKETS
SOFR
A broad measure of the cost of borrowing cash overnight collateralized by US Treasury securities, administered by the Federal Reserve Bank of New York.
What does it stand for?
Secured Overnight Financing Rate
What it means
A broad measure of the cost of borrowing cash overnight collateralized by US Treasury securities, administered by the Federal Reserve Bank of New York.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Acronyms
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.