March 18, 2014

Federal Reserve announces results of offering of seven-day term deposits on March 17

For release at 12:00 p.m. EDT

On March 17, 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: F37
Total Amount Awarded: $15,413,000,000
Number of Participants: 27




The awarded deposits will settle on March 20, 2014, and will mature on March 27, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.

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Last Update: March 18, 2014