What does SOFR mean in ISO 20022?

SOFR is Secured Overnight Financing Rate in the ExternalRatesAndTenors1Code code set: Secured overnight financing rate (1 months, 3 months, other tenors).

Where does SOFR appear in a message?

For example in auth.105, element AggtdPoss/Rpt/Ln/Dmnsns/LnData/Rates/Fltg.

ExternalRatesAndTenors1Code

SOFR Code: Secured Overnight Financing Rate

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

SOFR means secured overnight financing rate in the ISO 20022 rates and tenors code set. Secured overnight financing rate (1 months, 3 months, other tenors).

Code: SOFR
ISO name: SecuredOvernightFinancingRate
Status: Registered
Last updated: 2021-08-31

Official definition

Secured overnight financing rate (1 months, 3 months, other tenors).

Definition from the ISO 20022 External Code Sets, 2Q2026 (published 28 Aug 2026).

Messages and fields that use ExternalRatesAndTenors1Code

Message	Element path
auth.105	AggtdPoss/Rpt/Ln/Dmnsns/LnData/Rates/Fltg, AggtdPoss/Rpt/Coll/Dmnsns/LnData/Rates/Fltg, AggtdPoss/Rpt/GnlInf/Dmnsns/LnData/Rates/Fltg

SOFR in other code sets

SOFR in ExternalBenchmarkCurveName1Code

SOFR questions

What does SOFR mean in ISO 20022?: SOFR is Secured Overnight Financing Rate in the ExternalRatesAndTenors1Code code set: Secured overnight financing rate (1 months, 3 months, other tenors).
Where does SOFR appear in a message?: For example in auth.105, element AggtdPoss/Rpt/Ln/Dmnsns/LnData/Rates/Fltg.

All ExternalRatesAndTenors1Code codes · ISO 20022 code sets

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