Federal Reserve Bank of New York: Statement Regarding Updated Indicative Data for Secured Overnight Financing Rate
November 27, 2024
November 27, 2024
NEW YORK, Nov. 27 -- The Federal Reserve Bank of New York issued the following statement on Nov. 26, 2024:
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Today, the Federal Reserve Bank of New York (New York Fed) released an extension of its time series of indicative SOFR rates and volumes through November 21, 2024.
This time series demonstrates how SOFR would have printed if the modifications to SOFR's methodology implemented on November 25, 2024 had been in place since January 2020.
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Today, the Federal Reserve Bank of New York (New York Fed) released an extension of its time series of indicative SOFR rates and volumes through November 21, 2024.
This time series demonstrates how SOFR would have printed if the modifications to SOFR's methodology implemented on November 25, 2024 had been in place since January 2020.
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