ASX Benchmarks is pleased to announce that the Secured Overnight Funding Index Australia (SOFIA®) has gone live effective 28 September 2026.
SOFIA measures the cost of overnight funding secured against high-quality Australian dollar-denominated government securities based on eligible overnight repo transactions settled through Austraclear. SOFIA complements Australia's existing benchmark framework alongside BBSW and AONIA, providing market participants with a transparent measure of overnight secured funding costs.
Following an extensive period of industry consultation, beta publication, stakeholder engagement and an independent academic review commissioned by the Reserve Bank of Australia, SOFIA is now being published in accordance with the final SOFIA Methodology and Conventions.
SOFIA is available through approved distribution channels, including Bloomberg, LSEG (Refinitiv), email subscription services and FTP distribution services, with delayed publication available via the ASX website.
For more information, including methodology, conventions and access arrangements, visit the SOFIA page on the ASX website at asx.com.au/SOFIA
Jaya James
Product Owner, Benchmarks