CME Group to launch new CME Term SOFR API
On Sunday, September 1, international derivatives marketplace CME Group will launch the new CME Term SOFR API, a REST API that provides access to the daily set of forward-looking interest rate estimates for 1-Month, 3-Month, 6-Month and 12-Month Tenors in real-time, along with complete history of CME Term SOFR Reference Rates.
CME Term SOFR API uses OAuth, an open protocol that supports secure authorization in a simple, standard method and decouples authentication from authorization.
The CME Term SOFR API is available 24 hours a day, 7 days a week. Clients systems should consider all returned data to be accurate at the time of the request submission.
The latest rates will publish and be available around 10:00 AM UTC.