Secured Overnight Financing Rate definition
Secured Overnight Financing Rate means the daily secured overnight financing rate as provided by the New York Federal Reserve on the New York Federal Reserve’s Website.
Secured Overnight Financing Rate or “SOFR” means, with respect to any U.S. Government Securities Business Day:
Secured Overnight Financing Rate. The secured overnight financing rate published by the FRBNY on the FRBNY’s Website.
Examples of Secured Overnight Financing Rate in a sentence
All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Secured Overnight Financing Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed.
More Definitions of Secured Overnight Financing Rate
Secured Overnight Financing Rate means the Reference Rate provided by the FRBNY, as the administrator of such Reference Rate (or a successor administrator) on the FRBNY’s Website.
Secured Overnight Financing Rate means the Reference Rate provided by the Federal Reserve Bank of New York, as the administrator of such Reference Rate (or a successor administrator) on the Federal Reserve Bank of New York’s Website.
Secured Overnight Financing Rate means the Secured Overnight Financing Rate (SOFR) published each Business Day by the Federal Reserve Bank of New York.
Secured Overnight Financing Rate or "SOFR" means:
Secured Overnight Financing Rate or "SOFR" means, with respect to any U.S. Government Securities Business Day:
Secured Overnight Financing Rate means a rate equal to the secured overnight financing rate as administered by the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).
Secured Overnight Financing Rate or “SOFR” means the broad measure of cost of borrowing cash overnight collateralised by U.S. Treasury securities in the repurchase agreement (repo) market;