News
Credit & Fixed Income
Tradition predictive overnight repo July accuracy report
By TraditionData
10 Aug 2026
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27 Jul 2026
The Tradition predictive overnight repo service combines market leading general collateral repo trade and volume data sourced from our number one inter-dealer brokerage desk with anonymized tri-party repo trade and volume data from BNY Mellon.
By taking incoming data from both Tradition and BNY Mellon, and using a proprietary methodology, we produce a volume-weighted median repo rate throughout the day which informs our clients of where SOFR will fix the following day.
The industry in the US transitioned from LIBOR to SOFR, the leading alternative benchmark, on 30th June 2023. In the post Libor world, the ability to offer predictive rate data to financial market participants helps improve marketplace efficiency and transparency.
To get in touch with our team or request more information on Tradition predictive overnight repo, please click the button below.
Market relevance: This rate form the benchmark interest rate for dollar-denominated derivatives and loans around the world.
Market insight: Every day at 8am the NY Fed publishes the SOFR rate by calculating the volume-weighted median (50th percentile) of transactions in three overnight US Treasury repo markets: Tri-party Repo cleared through BNYM, General Collateral Finance (GCF) Repo cleared through FICC, and Bilateral Repo (DVP).
Delivery channels & frequency: TPOR data is available directly from TraditionData and AWS Data Exchange. Shortly it will also be available through BNYM’s Marketplace. The rate is available throughout the day on an hourly snap basis and as an end-of-day rate at 4:30pm.
Value experienced: Our TPOR data helps inform your decision making whether you participate directly in the overnight repo market or you leverage financial instruments where SOFR is used in determining the amount of interest paid.