ISO 20022 · Rates and tenors
SOFRSecured Overnight Financing Rate
Published definition
Secured overnight financing rate (1 months, 3 months, other tenors).
Code set and usage
Rates and tenors contains 8 registered codes. Its exact identifier is ExternalRatesAndTenors1Code.
Specifies the external rates and tenors code in the format of character string with a maximum length of 4 characters. The list of valid codes is an external code list published separately. External code sets can be downloaded from www.iso20022.org.
Use the code with the applicable message version and implementation guide. A matching code value alone does not establish the same meaning in another set.
This code in other sets 1
These share the characters SOFR. Their meanings belong to their respective sets.