WebApr 11, 2024 · The fixing process involved a group of bankers sitting in a room haggling over the price of gold and silver. When demand matched with the supply the fixing price was set. For a 100 years this was the process to establish the benchmark price for gold, silver, platinum and palladium. WebApr 13, 2024 · This was based on $1.4 Trillion of repo transactions where 98% of them used rates between 4.75% and 4.91%. The resulting overnight LIBOR fallback rate for April 6, 2024 is 4.81644% using the fixed 0.00644% overnight fallback spread. The latest published SOFR 1-month, 3-month, and 6-month Averages are for April 10, 2024:
Fixing Definition & Meaning - Merriam-Webster
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