How do you use Sofr in a sentence? See 10+ example sentences showing how this word appears in different contexts, plus the exact meaning.
Sofr meaning
Acronym of Secured Overnight Financing Rate.
Using Sofr
- The main meaning on this page is: Acronym of Secured Overnight Financing Rate.
- In the example corpus, sofr often appears in combinations such as: sofr plus, sofr is, of sofr.
Context around Sofr
- Average sentence length in these examples: 23.5 words
- Position in the sentence: 2 start, 8 middle, 0 end
- Sentence types: 10 statements, 0 questions, 0 exclamations
Corpus analysis for Sofr
- In this selection, "sofr" usually appears in the middle of the sentence. The average example has 23.5 words, and this corpus slice is mostly made up of statements.
- Around the word, paying, long, fixing, plus, based and december stand out and add context to how "sofr" is used.
- Recognizable usage signals include 10 year sofr rate in and a long sofr december 2024. That gives this page its own corpus information beyond isolated example sentences.
- By corpus frequency, "sofr" sits close to words such as aanand, abcd and abdurrahman, which helps place it inside the broader word index.
Example types with sofr
The same corpus examples are grouped by length and sentence type, making it easier to see the contexts in which the word appears:
Citi Recommend a Long SOFR December 2024 Structure Before CPIfinancialjuice. (10 words)
The fund pays a rate of one-month SOFR plus 0.10% plus 1.15%. (15 words)
The forward curve shows SOFR is expected to be at about 4.9% in the spring. (16 words)
Early in the second quarter, we executed $500 million floating to fixed swaps, fixing SOFR to approximately 3%, which will mitigate much of the adverse near-term earnings effects stemming from the substantial Fed rate heights that have occurred. (39 words)
In addition to the seasonality, an 80-basis point decrease in the 10-year SOFR rate in the quarter, positively impact credits carried at fair value, driving approximately half of the quarterly profit. (33 words)
On top of that, banks complain that SOFR is missing a “term structure,” that is the ability for investors to look up what the rate will be in the future. (30 words)
Example sentences (10)
During the quarter, we transitioned to a SOFR-based borrowing rate and we are now paying SOFR plus 310 basis points on our outstanding debt.
Citi Recommend a Long SOFR December 2024 Structure Before CPIfinancialjuice.
Early in the second quarter, we executed $500 million floating to fixed swaps, fixing SOFR to approximately 3%, which will mitigate much of the adverse near-term earnings effects stemming from the substantial Fed rate heights that have occurred.
The forward curve shows SOFR is expected to be at about 4.9% in the spring.
The fund pays a rate of one-month SOFR plus 0.10% plus 1.15%.
We expect to paydown additional repo lines costing SOFR plus 2% that should contribute to funding cost tailwinds.
In addition to the seasonality, an 80-basis point decrease in the 10-year SOFR rate in the quarter, positively impact credits carried at fair value, driving approximately half of the quarterly profit.
The Triparty repo rate is also “a big part” of SOFR (Secured Overnight Financing Rate) that the Federal Reserve uses to gauge the cost of overnight borrowing, Huber continued.
On top of that, banks complain that SOFR is missing a “term structure,” that is the ability for investors to look up what the rate will be in the future.
SOFR should automatically reset when the Fed raises rates, providing a quick update to securities pegged to the reference rate.
Common combinations with sofr
These word pairs occur most frequently in English texts:
- sofr plus 3×
- sofr is 2×
- of sofr 2×
- sofr secured 2×