---
title: "Money markets: SOFR 3.88% (-1bp) · Fed ON RRP $0.1B (-$1.1B d/d)"
description: "Secured Overnight Financing Rate for 2026-10-16: 3.88% (prior 3.89%). ON RRP total accepted for 2026-10-16: $0.1B (prior day $1.2B)."
source: Helious
canonical: "https://helious.io/news/macro-sofr-2026-10-16/money-markets-sofr-3-88-1bp-fed-on-rrp-0-1b-1-1b-d-d"
---

Economic release
              19 Oct 2026, 12:02 UTC



# Money markets: SOFR 3.88% (-1bp) · Fed ON RRP $0.1B (-$1.1B d/d)



            Secured Overnight Financing Rate for 2026-10-16: 3.88% (prior 3.89%). ON RRP total accepted for 2026-10-16: $0.1B (prior day $1.2B).






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