March 18, 2014
Federal Reserve announces results of offering of seven-day term deposits on March 17
For release at 12:00 p.m. EDT
On March 17, 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: | F37 |
| Total Amount Awarded: | $15,413,000,000 |
| Number of Participants: | 27 |
The awarded deposits will settle on March 20, 2014, and will mature on March 27, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.
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