[PDF] Markets Data API Reference 11-Feb-2022 subject to

Are the SOFR rates published by the New York Fed?

The SOFR interest rates are administered and published bij the New York Fed. The rates are subject to the Terms of Use posted at newyorkfed.org. The New York Fed is not responsible for publication of the SOFR rates by Triami Media / Global-rates.com, does not sanction or endorse any particular republication, and has no liability for your use.

How does the New York Fed calculate the EFFR and obfr?

The New York Fed calculates the Effective Federal Funds Rate (EFFR) and Overnight Bank Funding Rate (OBFR) from daily transaction data reported under the authority of the Board of Governors of the Federal Reserve System on the FR 2420 Report of Selected Money Market Rates. For further information about the FR 2420, please see the following:

What is the scope of use for SOFR term rates?

Scope of Use for these SOFR term rates and also released an FAQ document in relation to its recommendations. Even with the ARRC’s recommendation of forward-looking term SOFR rates produced by CME, the ARRC has encouraged market participants to directly use overnight SOFR and SOFR averages in most new cash products and has

Is SOFR a replacement for Libor?

replacement for LIBOR: •SOFR is based on a deep underlying market and is resilient across different market conditions; •SOFR daily volumes were consistently above $800 billion in 2020, well above those in other overnight money markets, and several orders of