June 10, 2014
Federal Reserve announces results of offering of seven-day term deposits on June 9
For release at 12:00 p.m. EDT
On June 9, 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: | F42 |
Total Amount Awarded: | $77,769,000,000 |
Number of Participants: | 40 |
The awarded deposits will settle on June 12, 2014, and will mature on June 19, 2014. The interest rate of 0.26000 percent will apply to all awarded deposits.
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