June 03, 2014
Federal Reserve announces results of offering of seven-day term deposits on June 2
For release at 12:00 p.m. EDT
On June 2, 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:||F41|
|Total Amount Awarded:||$59,102,000,000|
|Number of Participants:||35|
The awarded deposits will settle on June 5, 2014, and will mature on June 12, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.
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