Independent · Nonpartisan · Not a government website Not a government website @FED_POLICY
FEDPOLICY.ORG
Plain-language explainers on federal economic and legislative policy
Release · 2026-09-18 to 2026-09-18

SOFR was 3.85 percent on September 17, up 23 basis points

The New York Fed published a Secured Overnight Financing Rate of 3.85 percent for September 17, 23 basis points above the 3.62 percent print for September 16. Volume was $2,992 billion, against $2,931 billion the prior day. The print covers the first full operating day after the September 16 FOMC decision.

Secured Overnight Financing Rate
3.85% 2026-09-17 · prior 3.62% (2026-09-16)
SOFR trading volume
$2,992B 2026-09-17 · prior $2,931B (2026-09-16)
Secured Overnight Financing Ratepercent3.6%3.65%3.7%3.75%3.8%3.85%Sep 11Sep 14Sep 15Sep 16Sep 17New York Fed SOFR, September 11–17, 2026 · vertical axis does not start at zero
Secured Overnight Financing Rate. New York Fed SOFR, September 11–17, 2026. Share card.

Source: SOFR data, September 17, 2026 — Federal Reserve Bank of New York. Also: Secured Overnight Financing Rate, September 17, 2026.

all 2 figures found at the source
  • found Secured Overnight Financing Rate = 3.85% — at Federal Reserve Bank of New York
  • found SOFR trading volume = $2,992B — at Federal Reserve Bank of New York

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Sep 18, 2026, updated Oct 21, 2026.

This page is one print. The daily brief for September 18, 2026 is the editor's cut of what mattered that day. Figures are as the named sources printed them. The methodology says how this page is made and what is checked.