Free Trial

SOFR Volumes Just Shy Of Record Highs

STIR

REPO REFERENCE RATES (rate, change from prev. day, volume):

  • Secured Overnight Financing Rate (SOFR): 5.32%, no change, $2013B
  • Broad General Collateral Rate (BGCR): 5.31%, no change, $748B
  • Tri-Party General Collateral Rate (TGCR): 5.31%, no change, $735B
Yesterday saw SOFR hold Friday's 1bp increase to 5.32%, whilst volumes of $2013bn stop just shy of record highs of $2023bn from Mar 31.

Source: NY Fed

73 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

REPO REFERENCE RATES (rate, change from prev. day, volume):

  • Secured Overnight Financing Rate (SOFR): 5.32%, no change, $2013B
  • Broad General Collateral Rate (BGCR): 5.31%, no change, $748B
  • Tri-Party General Collateral Rate (TGCR): 5.31%, no change, $735B
Yesterday saw SOFR hold Friday's 1bp increase to 5.32%, whilst volumes of $2013bn stop just shy of record highs of $2023bn from Mar 31.

Source: NY Fed