November 26, 2024 13:32 GMT
US TSYS/OVERNIGHT REPO: SOFR Inched 1bp Higher
US TSYS/OVERNIGHT REPO
SOFR was 1bp higher on Monday, with secured rates roughly expected to remain around current levels or slightly higher through most of the rest of the month.
REPO REFERENCE RATES (rate, change from prev. day, volume):
- Secured Overnight Financing Rate (SOFR): 4.58%, 0.01%, $2206B
- Broad General Collateral Rate (BGCR): 4.57%, 0.01%, $796B
- Tri-Party General Collateral Rate (TGCR): 4.57%, 0.01%, $760B
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