March 04, 2014

Federal Reserve announces results of offering of seven-day term deposits on March 3

For release at 12:00 p.m. EST

On March 3, 2014, the Federal Reserve conducted a fixed-rate offering of term deposits through its Term Deposit Facility.  The operation offered seven-day term deposits at an interest rate of 0.26000 percent.  Following are the results of the operation:

TDF Operation ID: F35
Total Amount Awarded:        $13,542,000,000
Number of Participants: 26



The awarded deposits will settle on March 6, 2014, and will mature on March 13, 2014.  The interest rate of 0.26000 percent will apply to all awarded deposits.

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Last Update: March 04, 2014