July 01, 2014
Federal Reserve announces results of offering of seven-day term deposits on June 30
For release at 12:00 p.m. EDT
On June 30, 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 0.29000 percent. Following are the results of the operation:
|TDF Operation ID:||F45|
|Total Amount Awarded:||$124,887,010,000|
|Number of Participants:||58|
The awarded deposits will settle on July 3, 2014, and will mature on July 10, 2014. The interest rate of 0.29000 percent will apply to all awarded deposits.
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