Vehicle Sales
AFN Composite Index
+4.30%
Inventory Index
SOFR
APR 48 Mos.
The Secured Overnight Financing Rate held relatively steady from late July through late August, offering some predictability for auto asset-backed securitization issuers. SOFR daily rates, published every business day by the Federal Reserve Bank of New York, hovered between 3.62% and 3.66%, according to data through Aug. 25. SOFR Averages Meanwhile, the 30-day average SOFR was 3.64% today, down from 4.35% a year prior. […]
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David Thompson
David Thompson
David Thompson
