PENSFORD: A SOFR INDUSTRY LEADER
| Term | Last | Change |
| Overnight SOFR | 5.30% | -0.01 |
| 30D Compounded SOFR | 5.33% | 0.00 |
| 1M ISDA SOFR | 5.44% | 0.00 |
| CME 1M Term SOFR | 5.32% | 0.00 |
WHAT IS SOFR?
SOFR is a secured overnight (backward looking) risk free rate based on actual borrowing collateralized by Treasurys which has been established as an alternative to LIBOR. SOFR rates used for loans are calculated several different ways. Read on or contact a team member to learn more.
