Secured Overnight Financing Rate (SOFR)Fed PolicyTreasuriesMortgagesGlobalDashboard

SOFR Rates in May 2023

In May 2023, the overnight Secured Overnight Financing Rate (SOFR) averaged 5.02%, ranging from 4.81% to 5.08%. The rate on May 31, 2023 was 5.08%.

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Overnight SOFR
4.854.904.955.005.05%May 1May 5May 11May 17May 23May 30May 31

Daily SOFR — May 2023

DateOvernight SOFR30-Day Avg90-Day Avg180-Day AvgVolume
Mon, May 14.81%4.82%4.69%4.40%$1.58T
Tue, May 24.81%4.82%4.69%4.41%$1.54T
Wed, May 34.81%4.82%4.70%4.42%$1.54T
Thu, May 45.06%4.81%4.70%4.43%$1.59T
Fri, May 55.06%4.82%4.71%4.43%$1.52T
Mon, May 85.06%4.85%4.72%4.45%$1.50T
Tue, May 95.06%4.86%4.73%4.46%$1.48T
Wed, May 105.06%4.86%4.73%4.47%$1.41T
Thu, May 115.05%4.87%4.74%4.48%$1.37T
Fri, May 125.05%4.88%4.75%4.48%$1.35T
Mon, May 155.06%4.91%4.76%4.50%$1.50T
Tue, May 165.05%4.91%4.77%4.51%$1.47T
Wed, May 175.05%4.92%4.77%4.52%$1.40T
Thu, May 185.05%4.93%4.78%4.53%$1.40T
Fri, May 195.05%4.94%4.78%4.53%$1.36T
Mon, May 225.05%4.96%4.80%4.55%$1.43T
Tue, May 235.05%4.97%4.81%4.56%$1.38T
Wed, May 245.05%4.98%4.81%4.57%$1.40T
Thu, May 255.06%4.99%4.82%4.58%$1.54T
Fri, May 265.06%5.00%4.82%4.58%$1.48T
Tue, May 305.06%5.03%4.85%4.61%$1.53T
Wed, May 315.08%5.04%4.85%4.62%$1.62T

SOFR is the Secured Overnight Financing Rate, published every U.S. business day by the New York Federal Reserve. See the current SOFR rate, or download the latest 30-day data as CSV.

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