June 24, 2014
Federal Reserve announces results of offering of seven-day term deposits on June 23
For release at 12:00 p.m. EDT
On June 23, 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 0.28000 percent. Following are the results of the operation:
|TDF Operation ID:||F44|
|Total Amount Awarded:||$92,420,010,000|
|Number of Participants:||46|
The awarded deposits will settle on June 26, 2014, and will mature on July 3, 2014. The interest rate of 0.28000 percent will apply to all awarded deposits.
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