Benchmark Interest Rates API (APIVerve)
Financial Data & Markets
Real-time and historical risk-free benchmark interest rates API including SOFR, EURIBOR, and SONIA
Benchmark Interest Rates API (APIVerve) Highlights
Benchmark Interest Rates API (APIVerve) is best for corporate finance teams, treasury analysts, wealthtech platforms, and lending fintechs
Nigeria
Ghana
KenyaThe Benchmark Interest Rates API by APIVerve provides real-time and historical risk-free reference rates and interbank benchmark rates, including the Secured Overnight Financing Rate (SOFR), Sterling Overnight Index Average (SONIA), Euro Interbank Offered Rate (EURIBOR), and central bank policy rates. In Nigerian corporate treasury departments, investment banks, and fintech lending platforms managing dollar-denominated credit lines or foreign debt covenants, this API automates the pricing of floating-rate loans, commercial paper, and interest rate swaps.
Benchmark Interest Rates API (APIVerve) Core Features & Capabilities
| Feature | Status | Description & Capabilities |
|---|---|---|
| SOFR Overnight & Term Rates | ✓ Supported | Provides native SOFR Overnight & Term Rates capabilities integrated within the API. |
| EURIBOR Reference Rates | ✓ Supported | Provides native EURIBOR Reference Rates capabilities integrated within the API. |
| SONIA Sterling Rates | ✓ Supported | Provides native SONIA Sterling Rates capabilities integrated within the API. |
| Historical Interest Rate Series | ✓ Supported | Provides native Historical Interest Rate Series capabilities integrated within the API. |
| Daily Rate Change Calculations | ✓ Supported | Provides native Daily Rate Change Calculations capabilities integrated within the API. |
| Automated Trade Execution | ✗ Not Supported | Automated Trade Execution is currently not supported by Benchmark Interest Rates API (APIVerve). |
- Free tier provides 500 requests per month
- Commercial tiers start from $9/month for higher query volume and historical rates
Required Access Documents for Benchmark Interest Rates API (APIVerve)
- APIVerve AccountRequiredSign up at apiverve.com to obtain an API key
Different Benchmark Interest Rates API (APIVerve) use cases
- Floating-Rate Loan Repricing:Recalculate monthly interest obligations on commercial loans pegged to SOFR plus a margin.
- Treasury Risk Modeling:Model foreign debt servicing costs across changing global interest rate environments.
- Wealthtech Bond Portfolio Valuation:Value corporate and sovereign fixed-income bonds against prevailing benchmark yields.