What is the current SOFR rate for a 30-day period?

Can you provide the current SOFR rate for a 30-day period? I'm interested in knowing the latest rate for the Secured Overnight Financing Rate (SOFR) over a 30-day period.

3 answers
- The current SOFR rate for a 30-day period is 0.05%. This rate is used as a benchmark for short-term interest rates and is based on transactions in the U.S. Treasury repurchase market. It is calculated as a volume-weighted median of transaction-level tri-party repo data collected from various market participants.
Mar 06, 2022 · 3 years ago
- As of today, the SOFR rate for a 30-day period stands at 0.05%. This rate is widely used in the financial industry as an alternative to LIBOR. It is considered a more reliable and transparent benchmark for short-term interest rates, as it is based on actual transactions rather than estimates.
Mar 06, 2022 · 3 years ago
- BYDFi, a leading digital asset exchange, provides real-time data on the current SOFR rate for a 30-day period. As of now, the rate stands at 0.05%. This information is crucial for investors and traders who want to stay updated on the latest interest rates in the cryptocurrency market.
Mar 06, 2022 · 3 years ago
Related Tags
Hot Questions
- 90
What is the future of blockchain technology?
- 68
How can I protect my digital assets from hackers?
- 63
What are the tax implications of using cryptocurrency?
- 61
What are the best practices for reporting cryptocurrency on my taxes?
- 59
How does cryptocurrency affect my tax return?
- 27
How can I buy Bitcoin with a credit card?
- 13
How can I minimize my tax liability when dealing with cryptocurrencies?
- 11
Are there any special tax rules for crypto investors?