---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269533504.md"
description: "According to data from the Federal Reserve Bank of New York, on the last trading day (December 11, the day after the Federal Reserve announced interest rate cuts and bond purchase plans), the Secured Overnight Financing Rate (SOFR) was reported at 3.66%, down from 3.90% the previous day. The effective federal funds rate on the last trading day was reported at 3.64%, down from 3.89% the previous day"
datetime: "2025-12-12T14:05:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269533504.md)
  - [en](https://longbridge.com/en/news/269533504.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269533504.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/269533504.md) | [繁體中文](https://longbridge.com/zh-HK/news/269533504.md)


# 

According to data from the Federal Reserve Bank of New York, on the last trading day (December 11, the day after the Federal Reserve announced interest rate cuts and bond purchase plans), the Secured Overnight Financing Rate (SOFR) was reported at 3.66%, down from 3.90% the previous day. The effective federal funds rate on the last trading day was reported at 3.64%, down from 3.89% the previous day

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