5 days ago · SOFR, based on the U.S. Treasury repo market, emerged as a sturdy alternative, signifying a move towards more transparent, market-based benchmarks. The Secured Overnight Financing Rate (SOFR) stands as a crucial benchmark in financial markets, representing the cost of borrowing cash overnight, collateralized by Treasury securities.

The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.

As an extension of the Secured Overnight Financing Rate (SOFR), the SOFR Averages are compounded averages of the SOFR over rolling 30-, 90-, and 180-calendar day periods.

A sofer, sopher, sofer SeTaM, or sofer ST"M (Hebrew: סופר סת״ם, "scribe"; plural soferim, סופרים) is a Jewish scribe who can transcribe Sifrei Kodesh (holy scrolls), tefillin (phylacteries), mezuzot (ST"M, סת״ם, is an abbreviation of these three terms) and other religious writings.

What is a Sofer (Scribe)? A sofer (Hebrew for “scribe”) is the specially trained craftsman who writes the holy texts onto parchment using the traditional form of Hebrew calligraphy. In addition to writing, the sofer might spend significant time checking existing texts to ensure that they were properly made and have not been damaged over time.

Mar 25, 2025 · SOFR is a secured, almost risk-free benchmark interest rate based on actual overnight repo transactions collateralized by U.S. Treasury securities. SOFR replaced LIBOR as the primary U.S....

Secured Overnight Financing Rate (SOFR) is a secured overnight interest rate. SOFR is a reference rate (that is, a rate used by parties in commercial contracts that is outside their direct control) established as an alternative to LIBOR. LIBOR had been published in a number of currencies and underpins financial contracts all over the world.