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Release · 2026-10-15 to 2026-10-15

Secured overnight financing rate eased to 3.88 percent on October 14

The New York Fed's secured overnight financing rate for October 14 was 3.88 percent, down 1 basis point from 3.89 percent on October 13. The 1st percentile was 3.83 percent, the 25th percentile 3.86 percent, the 75th percentile 3.93 percent, and the 99th percentile 3.97 percent. Volume was 2,974 billion dollars, after 3,000 billion dollars on October 13. The rate move is 1 basis point, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print.

Secured overnight financing rate
3.88% 2026-10-14 · prior 3.89% (2026-10-13)
Secured overnight financing rate, 1st percentile
3.83% 2026-10-14 · prior 3.83% (2026-10-13)
Secured overnight financing rate, 25th percentile
3.86% 2026-10-14 · prior 3.88% (2026-10-13)
Secured overnight financing rate, 75th percentile
3.93% 2026-10-14 · prior 3.94% (2026-10-13)
Secured overnight financing rate, 99th percentile
3.97% 2026-10-14 · prior 3.98% (2026-10-13)
Secured overnight financing volume
$2,974B 2026-10-14 · prior $3,000B (2026-10-13)
Secured overnight financing ratepercent3.87%3.88%3.88%3.89%3.89%Oct 7Oct 8Oct 9Oct 13Oct 14Federal Reserve Bank of New York, October 7–October 14, 2026 · vertical axis does not start at zero
Secured overnight financing rate. Federal Reserve Bank of New York, October 7–October 14, 2026. Share card.

Source: Secured Overnight Financing Rate Data, October 14, 2026 — Federal Reserve Bank of New York. Also: Secured Overnight Financing Rate.

all 6 figures found at the source
  • found Secured overnight financing rate = 3.88% — at Federal Reserve Bank of New York
  • found Secured overnight financing rate, 1st percentile = 3.83% — at Federal Reserve Bank of New York
  • found Secured overnight financing rate, 25th percentile = 3.86% — at Federal Reserve Bank of New York
  • found Secured overnight financing rate, 75th percentile = 3.93% — at Federal Reserve Bank of New York
  • found Secured overnight financing rate, 99th percentile = 3.97% — at Federal Reserve Bank of New York
  • found Secured overnight financing volume = $2,974B — at Federal Reserve Bank of New York

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Oct 15, 2026.

This page is one print. The daily brief for October 15, 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.