--- type: "News" locale: "en" url: "https://longbridge.com/en/news/295417590.md" description: "According to data from the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) was reported at 3.62% on the previous trading day (August 7, Non-Farm Payrolls day), compared to 3.65% on the prior day. The effective federal funds rate on the previous trading day was reported at 3.63%, unchanged from 3.63% on the prior day" datetime: "2026-08-10T13:53:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295417590.md) - [en](https://longbridge.com/en/news/295417590.md) - [zh-HK](https://longbridge.com/zh-HK/news/295417590.md) generator: "portal-rs" --- # According to data from the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) was reported at 3.62% on the previous trading day (August 7, Non-Farm Payrolls day), compared to 3.65% on the prior day. The effective federal funds rate on the previous trading day was reported at 3.63%, unchanged from 3.63% on the prior day. ## Related News & Research - [Starling Oncology enters USD 25 million revolving credit facility with Gemino Healthcare Finance](https://longbridge.com/en/news/296655118.md) - [Beacon Financial prices $175 million subordinated notes offering](https://longbridge.com/en/news/296533490.md) - [Suja Life enters amended, restated credit agreement with JPMorgan Chase Bank](https://longbridge.com/en/news/296530798.md) - [Banco Santander-Chile Issues USD 15 Million EMTN Bond Disclosed as Material Fact](https://longbridge.com/en/news/296520121.md) - [3M signs USD 4.25 billion five-year revolving credit facility with JPMorgan Chase-led banks](https://longbridge.com/en/news/296352553.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**