Home Blog SOFR Term Rates Now Available

SOFR Term Rates Now Available

Apr 25, 2022 By Jonathan Chow Categories - Product Updates

We are excited to announce that we have recently added SOFR Term rates (1 Month, 3 Month, 6 Month, and 12 Month) to your existing XigniteRates and XigniteInterbanks APIs. SOFR has become a popular choice for users looking for an alternative to LIBOR since the cessation post-2021. SOFR Terms Rates are delivered by CME Group and provide an indication of the forward-looking measurement of overnight SOFR, based on market expectations implied from derivatives markets.

All SOFR Term Rates are available at a premium. Please contact, for more information.

An agreement with the CME Group is required to receive SOFR Term rates. They will not be fee-liable until at least 2026.

Jonathan Chow

Jonathan Chow

Product Manager

Jonathan Chow manages Reference and Historical data services as well as data provider relations. He graduated from the University of California, Santa Barbara. 

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