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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Last Update: May 20, 2014