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.
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