March 11, 2014

Federal Reserve announces results of offering of seven-day term deposits on March 10

For release at 12:00 p.m. EDT

On March 10, 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 0.26000 percent. Following are the results of the operation:
 

TDF Operation ID: F36
Total Amount Awarded:        $15,183,010,000
Number of Participants: 29

 


The awarded deposits will settle on March 13, 2014, and will mature on March 20, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.

For media inquiries, call 202-452-2955.

Last Update: March 11, 2014