February 05, 2015

Federal Reserve announces results of offering of 21-day term deposits on February 5

For release at 3:30 p.m. EST

On February 5, 2015, the Federal Reserve conducted a floating-rate offering of term deposits through its Term Deposit Facility. The operation offered 21-day term deposits with the rate set equal to the sum of the interest rate paid on excess reserves plus a fixed spread of 3 basis points.

Following are the results of the operation:

TDF Operation ID: F55
Total Amount Awarded: $188,083,000,000
Number of Participants: 87


The awarded deposits will settle on February 5, 2015, and will mature on February 26, 2015. The operation effective rate will apply to all awarded deposits.

For media inquiries, call 202-452-2955.

Last Update: February 05, 2015