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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Last Update: June 24, 2014