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What is the average SOFR rate for the past 30 days?

avatarShakeel NordienDec 25, 2021 · 3 years ago3 answers

Can you provide me with the average SOFR rate for the past 30 days? I am interested in knowing the average rate of the SOFR (Secured Overnight Financing Rate) over the past month. It would be helpful to have this information for my analysis and decision-making in the digital currency market.

What is the average SOFR rate for the past 30 days?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The average SOFR rate for the past 30 days is 0.05%. This rate is calculated based on the average overnight borrowing costs of banks and is widely used as a benchmark for short-term interest rates. It is important to note that the SOFR rate can fluctuate on a daily basis, so it's always a good idea to stay updated with the latest rates before making any investment decisions.
  • avatarDec 25, 2021 · 3 years ago
    Hey there! The average SOFR rate for the past 30 days stands at 0.05%. This rate is commonly used in the digital currency market as a reference for short-term interest rates. It's crucial to keep an eye on the SOFR rate as it can have an impact on the overall market sentiment and investment strategies. Make sure to stay informed about the latest rates to make well-informed decisions in the digital currency space!
  • avatarDec 25, 2021 · 3 years ago
    According to my analysis, the average SOFR rate for the past 30 days is 0.05%. This rate is widely considered as a reliable indicator of short-term interest rates in the digital currency market. It's essential to monitor the SOFR rate closely as it can influence the cost of borrowing and lending in the market. Stay updated with the latest rates to make informed decisions and optimize your digital currency trading strategies.