May 20, 2014
Federal Reserve announces results of offering of seven-day term deposits on May 19
For release at 12:00 p.m. EDT
On May 19, 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: |
F39 |
Total Amount Awarded: |
$27,575,170,000 |
Number of Participants: |
35 |
The awarded deposits will settle on May 22, 2014, and will mature on May 29, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.
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