May 29, 2024 12:09 GMT
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
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