May 28, 2014
Federal Reserve announces results of offering of seven-day term deposits on May 27
For release at 12:00 p.m. EDT
On May 27, 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:||F40|
|Total Amount Awarded:||$42,904,000,000|
|Number of Participants:||33|
The awarded deposits will settle on May 29, 2014, and will mature on June 5, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.
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