- SOFR is a secured interbank overnight interest rate and reference rate. - It is based on the Treasury repurchase market (repo), Treasuries loaned or borrowed overnight.

[Jan] Secured Overnight Financing Rate (SOFR) Flashcards by hrishikesh patil

Context?

SBI does deals using SOFR as benchmark.

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What is it?

SOFR is a secured interbank overnight interest rate and reference rate.
It is based on the Treasury repurchase market (repo), Treasuries loaned or borrowed overnight.

How well did you know this?

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Perfectly

[Jan] Secured Overnight Financing Rate (SOFR) Flashcards

(2 cards)